Martin Greweldinger has assumed the role of group CEO of Avaloq following the departure of Thomas Beck, co-CEO of Avaloq, from the Avaloq group executive board.

Greweldinger will have access to Beck in a senior adviser role during the transition, offering assistance as required.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Beck and Greweldinger were named co-CEOs of Avaloq in April 2021. Beck joined Avaloq in 2012 and has held a number of senior management roles. He has been instrumental in advancing the company’s strategy, global expansion, and innovation initiatives.

His choice comes as Avaloq marks one of its most profitable years to date in 2023.

As the new fiscal year begins, Greweldinger aims to drive Avaloq’s growth. He joined the organisation in 2019, carrying with him more than two decades of financial industry expertise, including leadership positions in international banking and consulting firms.

By offering modern wealth management technology and services, Avaloq is steadfast in its long-term objective to drive the financial industry’s digital revolution.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Avaloq’s future priorities remain expanding its strategic alliances, improving its service, and implementing cloud transformation.

Greweldinger, group CEO of Avaloq, stated: “We extend our gratitude to Thomas Beck for his outstanding contribution to Avaloq’s ongoing success, and we wish him all the best with his well-earned retirement. This transition represents a natural progression for Avaloq, and we look forward to continuing to support our clients and the digital evolution of the financial industry.”

Furthermore, in February, Security Bank, headquartered in Makati, formed a new relationship with Avaloq.

With the help of the Avaloq Core Platform, the bank hopes to streamline its wealth management operations and fortify its front office by implementing Avaloq’s Relationship Manager (RM) Workplace solution.

The alliance will improve customer satisfaction while simplifying the bank’s operations.