The former head of J. Safra Sarasin’s asset management has been through quite a few Swiss executive floors in his career as a banker. Today, he’s doing his round through the board rooms.

Quaero Capital, a Geneva-based fund manager, appointed Serge Ledermann as a member of its board of directors, the company said in a statement.

The company was founded in 2005 and has 35 members of staff at branches in Geneva, Zurich, Paris and London. It manages 1 billion euros in client assets.

Distinguished Career in Banking

The appointment to the board of Quaero isn’t Ledermann’s first. In November, he was named board member at Schroder Investment Management (Switzerland) and he is also a board member at the triathlon federation of Switzerland.

Ledermann, born in 1959, graduated at University of Lausanne and has an economics degree from the International School of Banking Studies in Geneva. He began his business career as an equity analyst and portfolio manager at Compagnie de Banque et Investissements (CBI) and at UBS.

He moved on to become a partner at Lombard Odier Darier Hentsch (today known as Lombard Odier), where he took care about wealth management.

Ledermann also was a founding partner of the asset management division of Union Bancaire Privée (UBP) in Geneva and later assumed the role of partner at Banque Héritage.

Enough Is Enough

After many years spent in the banking industry, Ledermann had had enough. He once told finews.ch that he’d had enough of the doom and gloom as well as the paperwork that beset banking and that had little to do with the job he once was attracted to.

In spring 2012, he joined a pension fund – Retraites Populaires in Lausanne – where he became a deputy CEO and assumed responsibility for asset allocation. However, he wasn’t to stay for long and moved back into banking, joining J. Safra Sarasin in 2015.

Ledermann was chairman of the Swiss Financial Analysts Association (SFAA) from 1997 through 2001.