Quartal Financial Solutions appoints Thierry Zuppinger CEO

Source: Quartal Financial Solutions

Quartal Financial Solutions AG (QFS), the leading software provider for commission management and fund reporting, announced today that Mr. Thierry Zuppinger has been appointed Quartal Financial Solutions' new Chief Executive Officer as of September 1, 2009.

Since joining Quartal Financial Solutions as a business consultant back in February 2006, Mr. Zuppinger has held several challenging positions within the domains of project management, consulting & business development. After successfully taking over the lead of the company's Front Services department for the business line Quartal COMMISSION, Mr. Zuppinger has been heading the company's operational departments, Software Engineering, Maintenance and Front Services since the beginning of 2009.

Thierry Zuppinger comments on his appointment: "I am very excited about this opportunity to guide this company to the next phase. I think QFS is already a very solid company and performs quite well, but it has great potential to accomplish even more, do a lot better in the future and can certainly grow further."

"QFS has done very well despite the difficult market conditions," comments Mr. Simon Pfändler, Chairman of the board of Quartal Financial Solutions. "QFS is in an excellent position to extend its lead in the area of commission and fee management. QFS's board of directors is very pleased to be able to appoint Thierry Zuppinger to lead QFS to its next stage of growth and development. Mr. Zuppinger has done exceptional work during the past few years working for our company and we know that he is ready to take the lead now - he is competent, has a great personality and is a genuine team player. I look forward to working together with him. I would also like to thank Ulrich Jacobi for his service as the former CEO: As leader and founder of QFS, Ulrich guided the creation and development of the company for one decade."

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