Maverix Reshuffle as Structured Products Veteran Moves In
Zurich-based Maverix Securities is strengthening its leadership team with Serge Nussbaumer. The 52-year-old will become Head of Public Solutions & Marketing on October 6, 2025, reporting directly to Co-CEO Giuliano Glocker. In his new role, he will be responsible for public distribution in Switzerland and across Europe.
The company announced the appointment in a statement on Wednesday morning.
A Veteran of Structured Products
Nussbaumer is widely regarded as one of the most experienced insiders in the structured products industry. He began his career in 1994 at what was then Schweizerische Kreditanstalt, held positions at St. Galler Kantonalbank, MoneyPark, and the Swiss Derivative Institute, before taking over as editor-in-chief of the industry magazine «payoff» in 2018. Since 2023, he has also been its owner and publisher.
His move to Maverix comes in the middle of a strong growth phase for the company: in 2025, revenues are running 15 percent ahead of the previous year, while assets under management have surged 36 percent since the start of the year. «We are delighted to welcome Serge Nussbaumer, a recognized expert in structured products, to our team,» commented Co-CEO David Schmid. «His experience will be instrumental as we continue to grow and expand.»
Ownership Change at «payoff»
Maverix aims to reach operating profitability from 2026 onward, as Schmid told told finews.com in the spring.
The reshuffle raises questions about the future of «payoff». Asked by finews.com, Nussbaumer emphasized that the magazine would «of course continue». He will step back from ownership but remain available for occasional contributions.
Streamlining the Organization
Nussbaumer’s appointment is part of a wider reshuffle at Maverix: Roman Przibylla, until now responsible for Public Solutions on the executive board, is leaving the firm at his own request, while COO Ivo Sauter is also departing. Already in the summer, Partner Maurizio Maniglia (Head of Digital Platforms) had decided to step down from his operational role. In its statement, Maverix thanked all three for their contributions, stressing they remain connected to the company.
The executive board will be deliberately streamlined in order to remain agile and well-positioned for the company’s next stage of growth, Maverix said.
