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News release
Tuesday, 14 September, 2021

SEBA Bank Adds to Executive Team to Drive Global Growth

  • In line with its strategic growth priorities, SEBA Bank is combining client-facing areas in the “Client and Technology Solutions” division, and the trading and product areas in the “Markets and Investment Solutions” division
  • Mathias Schuetz, who joins SEBA Bank, will lead the “Client and Technology Solutions” division; the “Markets and Investments Solutions” division will be led by the current Co-Heads: Urs Bernegger and Ritesh Dutta
  • Alena Nicolai Gwerder, current Deputy CFO and Head of Finance, has been appointed CFO, replacing David Matter, who is taking on a new challenge outside the company

Zug, Switzerland - 14 September 2021 | SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, today announced a number of additions to its management team to continue driving its growth globally.

Following outstanding growth in the past year, and aligning closely with its rapidly growing portfolio of institutional clients, SEBA Bank is combining its client-facing areas in the “Client and Technology Solutions” division and the trading and product areas in the “Markets and Investment Solutions” division. The two new divisions, ‘Market and Investment Solutions’ and ‘Client and Technology Solutions’ are designed to better serve customer investment goals, in addition to SEBA Bank’s own business objectives. By merging previously disparate service areas, SEBA Bank improves upon an already advanced customer experience.

Mathias Schuetz, current Regional Head of Avaloq Switzerland and CEO of Avaloq Sourcing (Switzerland and Liechtenstein) AG, has been appointed Head of Client and Technology Solutions and Member of the Executive Committee (effective 18 October 2021). With over 20 years of international experience in digital banking solutions and his sound background in business development and technology with a focus on B2B, Mathias brings the essential skills to further drive SEBA Bank's rapid growth. The Markets and Investments Solutions division will be jointly led by Urs Bernegger and Ritesh Dutta.

Philipp Baretta, founding partner of SEBA Bank and current Head of Client and Investment Solutions, has decided to retire from his executive role but he will remain closely involved with the company as a strategic advisor.

Alena Nicolai Gwerder has been appointed as CFO and Member of the Executive Committee following a successful term as Deputy CFO and Head of Finance. She is succeeding David Matter, who has decided to take on a new role outside the company. David will support Alena for a transitional period, with the appointment to come into effect on 01 October 2021.

Guido Buehler, CEO of SEBA Bank, commented, “Since receiving a FINMA license in 2019, SEBA Bank has demonstrated sustained growth globally, currently offering its services in 25 markets. The changes announced today enable us to maintain this outstanding growth by strengthening our client solutions with scale and durability, as well as ensuring greater access to market liquidity and product development. I am very delighted that Mathias Schuetz, a unique expert in B2B technology and digital banking solutions, is joining SEBA Bank. He is a proven business leader and well equipped to take our platform to the next level.

I am proud that in Alena Nicolai Gwerder, we are able to promote internal talent to the CFO position. Alena has been with SEBA Bank since the foundation of the company. She will be a terrific addition to the Executive Committee. I would also like to thank David for his commitment, and while we regret his decision to leave SEBA Bank, we understand his desire to be closer to his family and wish him all the best for the future, both personally and professionally.

I would like to thank Philipp for his contribution to the founding and development of SEBA Bank. Despite his wish to take a step back from day to day operations, his willingness to make himself available to SEBA Bank as a Strategic Advisor will be of huge benefit to the organization.”

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