A top executive of the defunct Swiss wealth manager will run a cryptocurrency fund.
Cyber Capital is appointing Katie Richards as its CEO, effective April 1, the Netherlands-based fund manager said in a statement on Wednesday. The 53-year-old was most recently at Falcon Private Bank, which is being wound down, as head of digital custody and trading as well as process management.
One of the most prominent female executives in Switzerland’s crypto scene, Richards has worked for both UBS and Credit Suisse as well as IBM and Salomon Brothers. Cyber Capital is tapping her in a bid to combine its crypto investment expertise with traditional investment business and network.
The Amsterdam-based firm was founded by Justin Bons, who is also its investment chief, five years ago. The start-up uses fundamental analysis to invest in cryptocurrencies for the long term.