Dr Markus Dennler will step down as Swissquote’s Chairperson when his current term ends, as he will “reach the age limit in 2026.” He will not seek re-election at the company’s upcoming annual general meeting.Join IG, CMC, and Robinhood in London’s leading trading industry event!A New Name in LineThe board of the Switzerland-listed brokerage and online banking group has proposed Hans-Rudolf Köng as the next Chairman. Köng joined the board in May 2025.Dr Dennler joined Swissquote’s board in 2005 and has served as Chairman since 2019, succeeding Mario Fontana.“It has been a privilege to contribute to Swissquote’s remarkable growth in recent years,” Dr Dennler said. “After more than twenty years on the Board, the time feels right to pass the torch.”Although Dr Dennler was a non-executive, his tenure as Chairman coincided with Swissquote’s share price rising by more than 1,100 percent. The company also reported significant growth in both revenue and profits.FinanceMagnates.com previously reported that Swissquote generated CHF 358.2 million ($444.2 million) in revenue in the first half of 2025, with a pre-tax profit of CHF 185.2 million ($229.6 million). The firm also raised its full-year pre-tax profit guidance to CHF 365 million ($452.6 million) from CHF 355 million ($440.2 million).Another Veteran to Take the TorchKöng is best known for leading PostFinance, a major Swiss financial institution, where he served as CEO for 12 years before retiring in 2024.Swissquote and PostFinance have maintained close ties. The two firms jointly launched the digital finance platform Yuh in 2021, before Swissquote acquired PostFinance’s stake earlier this year. Yuh also achieved profitability in 2025.This article was written by Arnab Shome at www.financemagnates.com.