Board of Directors

Dr. Martin Bardenhewer

Member of the Executive Board of Zürcher Kantonalbank

Virginie Fauveau

Member of the Executive Board of Banque Cantonale de Genève

Pierre-Alain Leuenberger

Executive Director of Banque Cantonale Neuchâteloise

Ueli Manser

Chairman of the Board of Management of Appenzeller Kantonalbank

Dr. Thomas Paulsen

Member of the Executive Board of Banque Cantonale Vaudoise

Hanspeter Rhyner

Chairman of the Board of Management of Zuger Kantonalbank

Beatrice Kern

Member of the Board of Management of Berner Kantonalbank

Hans Egloff

Representative appointed by the Swiss Federal Council pursuant to Article 37 of the Pfandbrief Act
Lawyer, Zurich and President of the Swiss Homeowners Association


The Board of Directors is remunerated as follows:

Chairman CHF 20,000 per year
Vice Chairman CHF 12,000 per year
Member CHF 10,000 per year

Attendance fee: CHF 500 per meeting
Travelling expenses: 1st class train ticket per meeting

For members of the Board of Directors who are members of the Executive Board of a bank, the Pfandbriefzentrale has been paying the entire compensation to the respective member bank since 2014.

Board of Management

Pfandbriefzentrale is managed by Zürcher Kantonalbank.

Sven Bucher


Michael Benn

Deputy director, secretary Board of Directors

Ursina Kubli Burgauer

Deputy director

Daniela Rey

Deputy director

Michael Wölfle

Deputy director

Auditors, supervision


Ernst & Young AG, Zurich


Swiss Financial Market Supervisory Authority (FINMA), Berne