Holger Frisch will join Raiffeisen Switzerland on July 1, 2026, completing the Credit Research team currently under development, according to a statement released on Tuesday. He will take on the role of Deputy Head of the team.

With the team of analysts now complete, an important milestone has been reached. Preparatory work for issuing ratings is progressing according to plan, with the first ratings expected to be published in the autumn.

25 Years of Experience

Frisch holds a degree in business administration in banking and an MBA in Finance from the Helsinki School of Economics. He brings more than 25 years of experience in research, asset management and corporate analysis.

Until last autumn, he headed Credit Research at Zürcher Kantonalbank. Prior to that, he held various specialist and management roles at Notenstein Privatbank, Vescore and the independent asset manager Prio Partners.

Michael Gähler, Head of Credit Research at Raiffeisen Switzerland, said: «We are delighted to have recruited Holger Frisch, a proven expert in credit analysis, for our Credit Research team. With his in-depth expertise and leadership experience, he will play a key role as Deputy Head in strengthening our Credit Research capabilities in a targeted manner and establishing a high standard of analytical quality from the outset.»

Recruitment Completed

Raiffeisen began building its Credit Research function in the fourth quarter of 2025, including the recruitment of qualified specialists, which has now been completed.

The new team is based within the Corporate Clients, Treasury & Markets department, in the Economic Research unit. This structure is intended to ensure independence between trading activities and the rating process. At the same time, Credit Research will benefit from macroeconomic, real estate and sector analyses produced by Economic Research.

By establishing its Credit Research capabilities, Raiffeisen aims to strengthen its position in the Swiss capital market and increase its visibility among investors, issuers and syndicate banks, the statement added.