Swisscom Blockchain AG Onboards New Chief Executive Officer

Blockchain-focused company Swisscom Blockchain AG has onboarded Ethereum (ETH) engineer Lukas Hohl as its new chief executive officer, Cointelegraph auf Deutsch reported on April 15.

Hohl, who previously served at various IT and finance companies, including Blockchain’s parent company Swisscom, business consulting firm BearingPoint, consultancy group Sofgen, and management consulting company Synpulse, will now lead the firm’s blockchain strategy and facilitate the further development of the company.

Roger Wüthrich-Hasenböhler, chief digital officer at Swisscom, commented on Hohl’s appointment, saying that "in the past, Lukas Hohl has built and managed companies, managed complex large-scale projects, is well networked in Switzerland and internationally and fits perfectly into the young team of Swisscom Blockchain AG."

As Cointelegraph reported in January, Swisscom Blockchain’s former CEO Daniel Haudenschild unexpectedly left the firm. The news of Haudenschild’s sudden departure from Swisscom Blockchain came just a day before the executive accepted the position of president of the Crypto Valley Association.

At the time, the press release read that Wüthrich-Hasenböhler was set to take over as acting CEO of the company.

Last month, Swisscom — which is a Swiss state-owned telecoms and ICT firm — entered into a strategic partnership with global market infrastructure provider Deutsche Borse Group and Swiss and Singapore-based fintech company Sygnum to build out a compliant financial market infrastructure for digital assets.

The initiative reportedly focuses on creating a distributed ledger technology (DLT)-based ecosystem to support the nascent tokenized economy, which, the partners contend, “has the potential to reshape global financial markets.”