Crypto Firm Tasks Ex-Julius Baer Banker in Growth Bid

Ficas, a crypto investment management boutique, is hiring a growth chief and adding a former Credit Suisse executive to its board.

The Zug-based start-up is naming Niklaus Neddermann as chief growth officer, effective immediately, it said in a statement. He is responsible for leading the design and implementation of new business initiatives and organic growth more broadly, it said.

Neddermann, who began his career as a financial market analyst at Switzerland's central bank, is well-known in banking as well as technology circles. He spent 11 years at Swiss private bank Julius Baer including in its wealth management arm.

Additiv Executive Joins

The two-year-old fintech also won Christine Schmid (pictured below) as a board member for Bitcoin Capital, the subsidiary through which it issues its exchange-traded products. Schmid is a former Credit Suisse managing director who is now part of top management at Additiv.

Schmid 500

She was head of investment solutions and also led the global equity research department for seven years at Credit Suisse, where she made herself a name as a digital banking expert. From 2012 through 2016, she was a strategic advisor to ex-Chairman Urs Rohner, primarily on digital projects.

Ficas was founded in 2019 by Ali Mizani Oskui, a computer programmer. It is overseen by Chairman Mattia Rattaggi, an ex-UBS banker, and last year enlisted ex-PWC partner Daniel Diemers to a board role.