Swiss Post makes a good start to 2021
In its results for the first quarter of 2021, Swiss Post recorded slightly higher Group profit, somewhat lower operating profit and stable revenue year-on-year. Swiss Post began the new strategy period well under the new Group structure during the first three months of the year. It started equally strongly in terms of day-to-day operations. Parcel volumes, which remained high, were processed reliably under the new organizational structure.
Marcel Bührer to be appointed new Chairman of the Board of Directors at PostFinance
At the General Meeting on 26 April 2021, the PostFinance Ltd Board of Directors will recommend that Marcel Bührer be appointed as its new Chairman. He is to succeed Rolf Watter, who will step down from the role at the end of June 2021. With many years of experience and extensive knowledge of retail banking, payment transactions and the digital arena, Marcel Bührer is the ideal candidate to ensure the company’s success during the 2021–2024 strategy period.
Two-thirds of new entries in the Swiss commercial register are startups
PostFinance carried out a study on new entries in the Swiss commercial register between December 2020 and January 2021. Research was conducted for the first time – in collaboration with the IFJ Institut für Jungunternehmen and the LINK Institut – into the actual number of startups being founded in Switzerland.
PostFinance to launch banking packages
As of 1 July 2021, PostFinance is bundling together its accounts and services into two clear banking packages: Smart and SmartPlus. The new banking packages provide private customers with everything they need to manage their day-to-day finances. Anyone who has invested assets of at least 25,000 francs, a mortgage or a life insurance policy with PostFinance will save on fees.
Swiss Post delivers strong performance despite lower annual result
In 2020, Swiss Post generated Group profit of 178 million francs, down 77 million francs year-on-year. At 272 million francs, operating profit (EBIT) was down 178 million francs. Coronavirus has been a major challenge for Swiss Post in all units. In the face of the diversity and scale of this challenge, Swiss Post management is satisfied with the result. The pandemic clearly shows that Swiss Post’s new strategy is both important and correct. Swiss Post must invest and act sustainably now to ensure that it can continue to guarantee the universal service from its own resources in the future.
Alessandro Rausa appointed new CEO of Finform
On 1 April 2021, Alessandro Rausa will take over the operational management of Finform AG as CEO. The various positions held by the 47-year-old – including CEO of beem, founder and Chief Product Officer of TWINT as well as leadership positions at PostFinance for many years – make him the perfect fit for the Swiss fin-tech and reg-tech company.
New PostFinance App now available
Simple, intuitive and with a clear design: the new PostFinance App is now available. It enables customers to conduct their banking transactions even faster – whenever and wherever they wish. Those who used the previous app only have to update it – the new app is already available on the smartphone.