Avaloq, a software provider for wealth managers, has named Mathias Schütz as the country head for its operations in Switzerland and Liechtenstein.

Schütz will assume the new responsibility on the middle of next month.

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He will replace Tobias Unger, who will depart from the firm.

At the same time, Schütz will serve as CEO of the firm’s service centre Avaloq Sourcing (Switzerland & Liechtenstein).

In this role, he will work to develop the firm’s SaaS (software as a service) as well as BPaaS (business process as a service) solutions offering.

Schütz was previously the CEO of ARIZON Sourcing. Earlier, he was in charge of several international market regions for Avaloq.

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In addition, Avaloq appointed Marc Stähli as its global head of sales. The appointment became effective on 1 July.

Stähli most recently served as the senior vice president global sales at Crealogix.

Stähli and Schütz will report to Avaloq head of global markets Paco Hauser.

Commenting on the two appointments, Avaloq group CEO Jürg Hunziker said: “The experience Mathias brings from his previous roles at Avaloq and from the Raiffeisen project make him the ideal replacement for Tobias, while Marc’s extensive sales experience in the fintech sector will help us accelerate Avaloq’s continued growth both in Switzerland and internationally.”