Tom Osterwalder appointed CEO of Zurich Invest AG

Tom Osterwalder appointed CEO of Zurich Invest AG

Zurich -
Tom Osterwalder will take over as CEO of Zurich Invest Ltd (ZIAG) on October 1, 2023. The 54-year-old business economist has been working for Zurich for more than 20 years and has been instrumental in developing ZIAG into a major financial market participant in the Swiss asset management market.

Zurich has appointed Tom Osterwalder as the new Chief Executive Officer (CEO) of Zurich Invest Ltd, which is pending subject to FINMA approval. On October 1, he will replace Martin Gubler, who has been CEO of the company since 2006 and will continue to take over the management of the Zurich Investment Foundation.

«Due to his many years of experience at ZIAG, Tom Osterwalder knows the business, Zurich as a company and the current challenges very well. I am convinced that we have found the right person», says Martin Gubler. «With his entrepreneurial spirit, he will continue to develop the business, strengthen the market position and ensure continuity for our customers.»

Martin Gubler
Tom Osterwalder

Tom Osterwalder joined Zurich in 2002 after an international career at Novartis and was Chief Investment Officer (CIO) from 2006 to 2020 and Deputy CEO of ZIAG since 2012. He has led the Institutional Business division since 2021. In this role, he is responsible for the strategic direction of the institutional business.

Tom Osterwalder has in-depth knowledge of the financial industry, holds a degree in Banking and Finance from the University of Zurich and successfully completed the CFA as well as the Executive Program at IMD in Lausanne. 

Sustainable development of the business and third largest investment foundation in Switzerland

Under the leadership of former CEO Martin Gubler, Zurich Invest Ltd has developed into a fast-growing and well-established asset management and fund management company. With over 120 employees and assets under management of more than CHF 42 billion, it is a major financial market player in the Swiss asset management market.

Zurich Investment Foundation, for which ZIAG provides the management, is the largest bank-independent investment foundation in Switzerland and manages the investments of many pension funds.  

In addition to its main clients – pension funds and institutional investors – ZIAG has also grown strongly in the private client business. With this broad positioning, ZIAG makes an important contribution to Zurich's success. ZIAG stands out above all for its real estate and private markets investment solutions as well as sustainable investing. 

Zurich Insurance Company Ltd and Zurich Life Insurance Company Ltd manage Zurich Insurance Group's corporate and private customer business in Switzerland and the Principality of Liechtenstein. The organisation is one of the largest insurers in Switzerland and operates in the market under the names Zurich and Zurich Life. Further information is available at

Zurich Invest Ltd (founded in 1998) is a wholly owned subsidiary of Zurich Insurance Company Ltd. With assets under management of over CHF 42 billion, it is a major financial market participant in the Swiss asset management market. Zurich Invest Ltd is the managing director of the Zurich Investment Foundation, which was established in 1999. For further information, please visit

Zurich Insurance Group (Zurich) is a leading multi-line insurer serving individuals and businesses in more than 210 countries. The Group is headquartered in Zurich, Switzerland, and employs approximately 56'000 people. Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a Level I American Depositary Receipt program (ZURVY) that trades over-the-counter on the OTCQX. Further information about Zurich is available at

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