Markus Schwab is leaving his position as CEO of Yuh after four years. The company announced the change on its LinkedIn page. Schwab will join Berner Kantonalbank to lead their new IT Management and Value Streams department. This role places him within BEKB’s executive management team.

The move comes after Swissquote acquired the remaining 50% stake in the digital finance platform Yuh from PostFinance, gaining full ownership of the venture originally launched in 2021.

PostFinance Veteran Moves to BEKB

Before joining Yuh, Schwab worked at PostFinance for nearly two decades. His roles there included Chief Business Officer for Digital First Banking, a position he held for a few months. He also served as Head of Program Digital Transformation and Deputy Head of Business Development for almost four years in Bern, Switzerland.

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Earlier, he worked as Delivery Manager and Deputy Head Core Banking Transformation for over five years. Schwab began his career at PostFinance as a Senior Program Manager, a role he held for more than ten years.