Thomas Heinzl will succeed Martin Sieg Castagnola as Vontobel CFO

Media Release
6/16/2020 Reading time: 4 minute(s)

After 12 years as Vontobel CFO, Dr. Martin Sieg Castagnola (aged 55) will hand over the role to Thomas Heinzl (aged 50) at the presentation of the half-year results on July 28, 2020, and will support Dr. Hans-Dieter Vontobel in the management of his investments and real estate in the future.

Thomas Heinzl, who headed the Investments, Sales and Product Management business from 2012 to 2014 in what is today the Wealth Management division of Vontobel is now returning to Vontobel from UBS AG, where he most recently served as COO UBS Asset Management and Chairman of UBS Asset Management Switzerland. In his various management roles at UBS Asset Management, Thomas Heinzl was responsible for strategy, regulation, business and reputational risk management, Corporate Center controlling, and the governance of the division, among other areas. As part of a global process, he was also responsible for the spin-off of Asset Management from the bank in Switzerland. Further, he led a host of global digitization projects. Thomas Heinzl is an Austrian citizen who holds a doctorate from the University of St. Gallen with a focus on capital market theory. He also holds a degree in engineering from the Swiss Federal Institute of Technology (ETH) in Zurich with a focus on database technology and artificial intelligence. Thomas Heinzl began his career at McKinsey in Zurich, where he advised wealth and asset managers, among others, on strategy and risk management matters.

Martin Sieg Castagnola is handing over responsibility for the finances of a globally active investment manager with a solid capital position to Thomas Heinzl. As CFO, Martin Sieg Castagnola was instrumental in driving the growth of Vontobel. As a result of his prudent risk management, it was always possible to successfully master previous market and credit crises. Throughout its almost 100-year history – despite global crises such as the bursting of the bubble and the collapse of the financial markets more than a decade ago – Vontobel has always operated profitably and distributed a dividend to its shareholders. As CFO, Martin Sieg Castagnola also served as the main link between Vontobel and the financial supervisory authorities.

“On behalf of all Vontobel employees and my colleagues on the Operating Committee, I wish to thank Martin Sieg Castagnola for our excellent collaboration over many years. Martin Sieg Castagnola is part of Vontobel’s growth and success story. In recent years, Vontobel has achieved strong growth – both organically and through acquisitions – without compromising its financial stability. We are delighted that he will retain his ties to Vontobel in his new function and we wish him every success in his future role. His successor Thomas Heinzl is an expert with first-hand knowledge of our core businesses of asset and wealth management. He also has many years of experience in risk management matters and proven technical knowhow that fits well with our strengths in the field of technology. And finally, we know Thomas and he knows Vontobel. We are delighted that Thomas Heinzl is returning to Vontobel in the role of CFO,” stated Zeno Staub, CEO of Vontobel.

“As a listed investment manager with a strong family shareholder base, Vontobel is a symbol of reliability and transparency within the capital market. Martin Sieg Castagnola constantly upheld these values and was always an extremely knowledgeable, smart and trusted partner to me and the Board of Directors. On behalf of the Board of Directors, I wish to thank him for his great commitment to Vontobel and I wish Martin Sieg Castagnola every success in his future role,” stated Herbert J. Scheidt, Chairman of the Board of Directors of Vontobel.

“Martin Sieg Castagnola will support me directly in the future with his financial knowhow. In his new role, he will thus be continuing the successful work he has performed with great dedication and expertise over the years for Vontobel. I look forward to our close collaboration in the future,” stated Dr. Hans-Dieter Vontobel.


Media Relations
+41 58 283 59 30
+41 58 283 57 90

Investor Relations
+41 58 283 64 38
+41 58 283 75 52


At Vontobel, we actively shape the future. We create and pursue opportunities with determination. We master what we do – and we only do what we master. This is how we get our clients ahead. As a globally active investment manager with Swiss roots, we specialize in wealth management, active asset management and investment solutions. We harness the power of technology to deliver a high-quality, individual client experience and to deploy our investment expertise across multiple platforms and ecosystems. We empower our employees to take ownership of their work and bring opportunities to life. We do so based on the conviction that successful investing begins with the assumption of personal responsibility. We continuously scrutinize our achievements as we strive to exceed the expectations of our clients. The registered shares of the Vontobel Holding AG are listed on the SIX Swiss Exchange. The Vontobel families' close ties to the company guarantee our entrepreneurial independence. We consider the resulting freedom as an obligation to also assume our social responsibility. As of March 24, 2020, Vontobel held CHF 248.1 billion of total client assets. Around the world and in our home market, we serve our clients from 26 locations.

Legal information
This document is for information purposes only and does not constitute an offer of any kind. The services described in the document are supplied under the agreement signed with the service recipient. The nature, scope and prices of services and products may vary from one country to another and may change without notice at any time. Certain services and products are not available worldwide or from all companies of Vontobel. In addition, they may be subject to legal restrictions in certain countries