Treasury Management Internation Logo

Fides Treasury Services appoints new CEO

  • Andreas Lutz named as Chief Executive Officer

Zurich, Switzerland – Fides Treasury Services Ltd., a member of the Credit Suisse Group and the global leader in multi-bank connectivity and communications, today announced that Andreas Lutz has been unanimously appointed by Fides’ Board of Directors as chief executive officer effective immediately. Lutz succeeds Fides’ previous chief executive, Alain Schmid, who announced his desire to step down in September 2016 to pursue continued service within Fides’ parent company, Credit Suisse Ltd.

“It is of utmost importance for us to place a sound focus on succession planning. Our priority has been to find the best leader for our clients, employees and partners,” said Albert Angehrn, Fides board chairman. “After a thorough and deliberate search both internally and externally, we appointed Andreas Lutz as our new CEO. Andreas has thorough understanding of our clients’ needs as well as the dynamics and trends of the treasury and banking markets. With Andreas taking the role of chief executive, we are very confident Fides has the leadership required to drive the next generation of success.”

Serving both Credit Suisse and Fides for a combined 15 years, Lutz has completely focused on heading sales, marketing and projects for the last three years of his tenure and in 2015 was named as Fides’ chief marketing officer. Working closely with his predecessor, Alain Schmid, he has achieved proven success in guiding and delivering on the strategic direction for the firm. Over the past 3 years, Fides has achieved 78% growth in terms of revenues, expanding the company’s global footprint into new markets, including the Americas and Asia Pacific.

In addition to his responsibilities as chief marketing officer, Lutz has most recently spearheaded the client-driven R&D efforts that have directly resulted in a new product development strategy for the firm. Lutz has overseen the exponential growth in signing over 300 client projects for the firm over the past three years and has been instrumental in identifying and orchestrating Fides’ partnership strategies.

“I am honored that the board has chosen me to lead Fides into the future and continue the legacy of excellence that we have delivered to the market for over a century,” says Andreas Lutz. “My vision is for Fides to continue to be at the forefront of connectivity and transaction communication innovations.”

Most recent episodes

Trends in RFPs and RFIs: What Treasurers Want

Eleanor Hill (TMI) invites Dick Oskam and Bert Van Drie (ING) into the TreasuryCast hotseat to find out what trends treasurers want to see emerge from the Request for Proposal (RFP) and Request for Information (RFI)...


Creating a Connected Financial Office

When data flows are connected, it’s so much easier to make quick and accurate decisions. This is the principle behind the notion of the connected financial office. In this podcast, Gareth Priest (Bottomline Technologies) provides informed advice on how...


Journeys to Treasury: Managing Changing Perspectives

For this special edition of TreasuryCast, we showcase the results of the Journeys to Treasury 2021-22 report. Here, Jan Dirk van Beusekom (BNP Paribas) and Christian Mnich (SAP) offer Eleanor Hill (TMI) an informed view...


Cybersecurity for Treasurers

Cybercrime and fraud is on the rise and new attack vectors are emerging with alarming frequency. In this podcast, Nicolas Trimbour (BNP Paribas) and Laurent Sarrat (Sis ID) provide an overview of the latest tools and best practices treasurers should be employing...


A New Treasury Ecosystem: Open Banking, APIs, and BaaS

For this special edition of TreasuryCast, Eleanor Hill invites Peter Claus-Landi (GE) and Jared Smith (HSBC) to cover how key API-centric developments are changing the treasury landscape. With APIs significantly...


Using Data as the Corner for Finance Transformation

Many organisations face challenges in managing spend, payments, and cash effectively due to siloed processes and datasets across multiple departments. In this podcast, Ulrika Haug (Coupa) and Kim Estes (The Knot...


Realising Treasury’s True Value – A Strategy for Change

Join John Meehan (Froneri) to hear how Froneri utilised a year of no acquisitions and no meetings to implement a total transformation project through implementation of a TMS, unlocking the true value of his corporate...


Lessons from Innospec on Building a Strong Cash Culture

Without ready access to the key metrics of cash forecasting, Andrew Hawes (Innospec) knew the business could do little more than react to events. But without the collaboration of key stakeholders too, he knew that...


How to Make Your TMS the Ultimate Investment Tool

The right TMS can be a huge asset to treasury. But these one-stop shops often fall short when it comes to short term investment workflows. In this podcast, Ed Lopez, James Griffin (Calastone), Jeannot Jonas (Carrier...