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Executive Board

Francisco Fernandez, Group CEO
Francisco Fernandez is an entrepreneur who has committed himself to IT solutions in the finance sector. He holds a master’s degree in informatics from the Swiss Federal Institute of Technology (ETH) in Zurich as well as a certificate in business administration from the Centre for Industrial Management (BWI) of the ETH. Fernandez is the principal shareholder of the Avaloq Group and shareholder of the Adcubum AG. Francisco Fernandez’ goal is to contribute to the financial system’s stability by making financial institutions more secure, more efficient and more transparent. Beyond that he aims at redesigning the dialogue and interaction between financial institutions and their customers. Apart from his rational and analytical side Fernandez has a musical side as well. He finds his balance by spending time with his family and playing the piano.

Dr. Thomas Beck, General Manager Software Development

Thomas Beck was Avaloq’s Head of Innovation Development since 2012 before he joined the Executive Board as General Manager Software Development in January 2015. He has more than 20 years of IT experience within the financial industry. Prior to joining Avaloq, he held various senior management positions at UniCredit Bank AG. Alongside his professional experience, Thomas Beck also has a strong academic track record. He received his degree in Mathematics and Computer Science at the Technical University of Munich, where he also obtained his doctorate. He has also held lectures on economic and financial mathematics at several universities.

Markus Bertini, Group CFO

Markus Bertini has been appointed CFO of the Avaloq group and member of the Executive Board in September 2014. He brings a successful track record as strong leader and executor, distinguishing himself through his passion for entrepreneurship and his vast experience in finance. Markus Bertini is a Swiss Certified Specialist for Finance and Accounting. In the past, he was the Head of International Controlling and CFO for multinational companies. Afterwards, Markus successfully built up his own accountancy and consulting company serving multinational clients with guidance and support. In addition, he worked as a lecturer at Zurich Business School for eight years.

Dr. Martin Frick, General Manager Business Process Outsourcing

Martin Frick has over twenty years’ experience in IT and outsourcing, mostly in the area of finances, both as a consultant and as CIO and COO. Most recently he was COO for continental Europe at Xchanging in Frankfurt, where his responsibilities included business production, implementation and IT at the Xchanging Transaction Bank. In this role he was in charge of security transaction processing at a number of major banks, the implementation of the new compensation withholding tax regulations and the development and integration of new corporate structures, including outsourcing and BPO. Previous to this, Martin Frick was CIO of Avis Europe in the UK, in charge of their IT and back-office divisions, and before that, CIO of the Winterthur Insurance Group. Martin Frick holds a doctorate in physics from the University of Heidelberg.

Klaus Rausch, General Manager Central & Eastern Europe

Klaus Rausch is a member of Avaloq’s Executive Board since 2009. After six years as CTO, he has been appointed General Manager Central & Eastern Europe in 2015. He holds a degree in electrical engineering from the Aachen University. Klaus Rausch began his career in 1985 at IBM, taking on international management and executive management responsibilities in Germany, Europe and the US. His professional path took him from the financial services provider Fiducia to the Landesbank Baden-Württemberg to the Hypovereinsbank, where he last held the position of spokesperson for the executive board of the bank’s IT subsidiary. Klaus Rausch is distinguished in particular by his wide-ranging experience in a large number of integration and change management projects.

Peter Scott, General Manager Asia Pacific

Peter Scott joined the Executive Board of Avaloq on 1 April 2013 and is responsible for the Asia Pacific regions. He is a distinguished expert with profound global experience and extensive expertise in the financial services industry. Among other past achievements, Scott has lead the development of a new core banking solution, has overseen a solution provider’s entire banking sector on a global basis and has successfully developed and driven several worldwide market strategies. One of Scott’s core strengths is his talent to seamlessly combine technological and banking expertise, enabling the creation of new business solutions and the expansion into new markets.

Tecla Solari, General Manager Western & Southern Europe

Tecla Solari joined Avaloq as Head of Sales and Distribution in 2002 and played a decisive role in building up the company’s leading position in Switzerland and abroad. In 2011, she was appointed Country Manager for France, before she became Managing Director France, Southern Europe and Morocco. In 2014, she was appointed General Manager Western & Southern Europe and member of the Executive Board. Tecla Solari has a strong track record in developing new markets and enjoys an excellent reputation in managing complex customer projects on an international level.
She holds a University Degree in business & economics (HEC) and a Master’s Degree in International Management from the University of Lausanne as well as an MBA’s certificate from Babson Graduate School of Business in Boston, USA. She started her career in the banking industry as a trader and financial analyst. In 1996, she joined Reuters, where she held several management positions in implementation consulting and business development for financial software.

Ronald Strässler, Group COO

Ronald Strässler is the founder and architect of the Avaloq Banking Suite. He has been a member of the Executive Board of Avaloq since 2003, initially in the function of Chief Special Tasks, then as Head Tools and since 2014 as Group COO. He began his professional career as a software engineer in 1991 after graduating with a degree in informatics from the Swiss Federal Institute of Technology (ETH) in Zurich. He contributed significantly to the operational and organisational development of the Avaloq Group from a start-up company to the current setup.