Berner Kantonalbank AG (BEKB) has appointed Markus Schwab to lead its newly established Department of IT Management and Value Streams.

Currently CEO of the finance app Yuh AG, Schwab will take up the position by February 2026 at the latest.

“With his extensive experience in developing innovative financial technologies, as well as his visionary and implementation-focused leadership, Markus Schwab brings valuable input for the digital development of our bank,”

said CEO Armin Brun.

BEKB views the appointment as a step in line with its strategic direction and continued emphasis on enhancing its digital services.

The bank had already revised its organisational structure in April 2025 to improve efficiency, innovation and customer focus.

In the months that followed, BEKB conducted a comprehensive search for a suitable candidate to head the new department, resulting in the appointment of Schwab.

Schwab, who holds degrees in business and economics, is currently the CEO of Yuh, a Swiss financial app.

He previously worked for almost 20 years at PostFinance, where he contributed significantly to core banking transformation and the implementation of digitalisation strategies.

He has long focused on forward-looking developments.

Since the launch of Yuh in May 2021, he has overseen the app’s strategic and operational direction.

His work has aimed to make banking more accessible to users accustomed to mobile technology.

With his combination of entrepreneurial thinking, digital expertise, financial market knowledge and strong local ties, Schwab is considered well suited to contribute to BEKB’s digital development.

His responsibilities will include overseeing IT strategy and its execution, innovation, data management, and the management of product and project portfolios.

His department will also define key applications and manage associated value streams.

It will serve as the central point of contact for BEKB’s IT subsidiary, aity AG.

Born and raised in Bern, the 48-year-old lives in the Bern region with his partner and their two children.

 

Featured image credit: Edited by Fintech News Switzerland, based on image by mrsiraphol via Freepik