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Change of command at Swiss Interbank Clearing Ltd.
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Zurich (ots) - As of July 1, 2007, Martin Frick has taken over management of Swiss Interbank Clearing from André Bamat. He will also remain active as the CEO of Telekurs PayNet and will direct both group companies in the future. At the same time, Martin Frick will take a position on the executive board of the Telekurs Group. In December 2006 he was designated as the successor to André Bamat, who is retiring after serving at Telekurs for 15 years.
Martin Frick, born 1958, earned his degree in electrical engineering from the ETH. After working in various management roles in software development, he joined Telekurs in 1992 and has, among other positions, served as the director of development for payment processes. From 1998 until 2000 he was responsible at the former EUROPAY (Switzerland) SA for e-commerce product management. He has been the CEO of Telekurs PayNet Ltd. since 2001.
The Telekurs Group is an internationally active service company in the fields of card-based payment transactions, electronic payment systems and international financial information services. Represented among the shareholders are all important Swiss banks and banking groups. Founded in 1930, Telekurs Group generates today about 700 million Swiss francs in annual turnover and has around 1,700 employees, 400 of which are located abroad. www.telekurs.com
ots Originaltext: Telekurs Group