New Tellco pk Investment Committee

Effective 1 July 2026, Tellco pk appointed a new Investment Committee for a five-year term of office. The highest priority of this reorganisation is to strengthen investment governance - as the basis for a professional, return-oriented and long-term investment process. To this end, the newly formed committee brings together proven specialist expertise in institutional asset management, real estate investment, governance/compliance and investment advisory, thereby strengthening the professional oversight of Tellco pk's pension assets.

The Investment Committee advises the Foundation's supreme governing body on all investment matters, determines the portfolio's tactical positioning, monitors the implementation of the investment strategy and assesses performance and risks. It also prepares proposals and recommendations for the Foundation's supreme governing body. The members of the newly constituted committee were deliberately selected with a sustainable and long-term focus. It may call upon additional external experts where required. 

Composition

The Investment Committee comprises three independent external specialists and two representatives of the official administrator, WTW AG. An external member serves as chair. The term of office runs from 1 July 2026 to 30 June 2031. 

Sebastian Krejci, FRM, CAIA

Head of Investment Romandie at WTW AG, responsible for the investment business in French-speaking Switzerland. More than ten years' experience in the pension fund sector, with broad expertise in financial and non-financial risk management, asset-liability management, investments and governance. Previously external CEO for Swiss pension funds at Allvisa Services AG and, before that, several years in senior roles at Credit Suisse, most recently as Chief Risk Officer Pension Fund, preceded by roles as Head Risk & ALM and Risk Manager. CAIA, Financial Risk Manager (FRM), MSc in Financial Engineering and BSc in Physics from EPFL Lausanne.

Natalia Soboleva, CPA, MBA 

Head of AFC at Generali Switzerland. Previously, for more than eight years, Head of the CIO Office for Compliance, Governance and Sustainability at Generali Switzerland, as well as a member of the Board of Directors of Fortuna Lebens-Versicherungs AG (Chair of the Audit & Advisory Committee) and a member of the Executive Board of the Swiss Platform for Impact Investing; active in the Sustainability Committee of the Swiss Insurance Association SIA. Natalia is a member of the Executive Board of the Swiss Platform for Impact Investing (SPII) (https://www.swissimpactinvesting.ch/). Previously worked at PwC and Ernst & Young, and in Investor Relations at SIG Combibloc. Certifications from, among others, the University of Cambridge, ETH Zurich and the CFA Institute in Sustainable Finance/ESG; CAS in Board Directorship (Rochester-Bern).

Zoltan Szelyes, CFA, CAIA

CEO and owner of Macro Real Estate AG, a consultancy specialising in real estate investment and macroeconomics for institutional investors in Switzerland and internationally. He was previously Head of Global Real Estate Research at Credit Suisse Asset Management and, from 2007 to 2014, a member of the Executive Board of the SNB Stabilisation Fund of the Swiss National Bank. CFA, CAIA, lic. rer. pol., University of Bern.

Alexandra Tischendorf, CFA

Senior Director and Head of Investment Switzerland at WTW AG, with more than 20 years' experience as an investment expert - spanning research, investment banking and equity capital markets, investment strategy, asset allocation and risk management. Before joining WTW AG, she advised institutional investors and pension funds on strategic investment matters and worked as a strategy adviser to pension funds and institutional clients, as well as a Senior Investment Strategist at the Swiss National Bank. CFA, executive education at INSEAD and the Saïd Business School, Oxford.

Adrian Wipf

More than 25 years' experience in institutional asset management for occupational pensions. From 2011 to 2023, member of the Executive Board and Head of Asset Management at BVK-Personalvorsorge of the Canton of Zurich, with overall responsibility for capital investments, balance-sheet management and asset allocation; previously worked in institutional investment at various banks and asset managers. Today, a subject-matter expert on the Investment Committee of Aargauer Pensionskasse and an external adviser to Pensionskasse Solothurn; member of the Regulatory Board and Issuer Committee of SIX Swiss Exchange. Swiss Federal Diploma as Pension Fund Manager, CAIA, Swiss Federal Diploma as Financial Analyst and Asset Manager (AZEK).