Accelerating Growth: Altoo AG Appoints New Head Of Business Development

Zug, Switzerland, November 13, 2023 – Altoo AG is continuing the consistent implementation of its mission to deliver “Simplicity for Complex Wealth” and is creating the framework for strengthening the prospect and client experience. A newly appointed Head of Business Development will drive effective relationship management and business development in the target segments of ultra-high-net-worth individuals, entrepreneurs, family offices and private banks. Customer requirements and operational excellence will become even more the focal point as the client base of Altoo expands. The goal is to strengthen a best-in-class client and partner experience at every point of contact with the Altoo brand. Simon Kaufmann, formerly responsible for client services, business development, and marketing at Fides Treasury Services, will head the business development unit at Altoo AG. 

Altoo AG has appointed Simon Kaufmann as the Head of Business Development, with responsibility for the overall management and systematic further development of client and partner relations. Prior to this role, Kaufmann served as the Chief Revenue Officer at Fides Treasury Services, a global leader in multi-banking connectivity, payments, and transaction communications. His extensive career commenced at Zürcher Kantonalbank and Credit Suisse, where he accumulated over 20 years of experience in various leadership positions. Following his eight-year tenure at Credit Suisse in Corporate Banking, he joined Fides in 2014 as a senior relationship manager, swiftly earning promotions and a seat on the Fides Management Team. Here he concentrated on strategic business development, client acquisition, and global recognition. As Head of Business Development and Member of the Altoo Executive Team, Kaufmann will ensure that future clients’ expectations are incorporated at all stages of the product and service offering besides extending the existing global visibility and footprint significantly over the coming years.

Commenting on the appointment, the Chief Executive Officer of Altoo AG, Ian Keates, said,
“We are excited to welcome Simon to the Altoo team. Simon’s in-depth sales experience, particularly in client relations and business development, will help us continue to build our partnerships as we work towards the future.”

Kaufmann added,“Truly honoured to join Altoo’s Executive Team, I’m looking forward to using my expertise, passion, and network to further elevate Altoo’s global recognition, presence, and client base to reach new milestones.” 

Meeting client needs

Founded in 2017, the Swiss wealth-tech company Altoo has been recognised as one of the best digital family office software companies in 2022, according to Forbes Magazine, and a Top 5 “Growth Start-up” at the Swiss Fintech Awards 2023. During its six years of operation, Altoo has established a clientele from over 20 countries and has become an industry-leading provider of digital wealth management services. Altoo was founded with the mission to deliver “Simplicity for Complex Wealth” and drive technical excellence to create innovation in the financial sector.

Built on the latest technology and continuous improvement inspired by its clients, the Altoo Wealth Platform consolidates all assets held by banks and combines them with non-bankable assets such as real estate, private equity, or an art collection, empowering wealthy private individuals to keep track of and control over their total wealth in a simple and intuitive way. The platform is hosted in Switzerland. It has been created in-house by a team of highly skilled software engineers, experts in digital customer experience, and experienced wealth management specialists. Altoo is dedicated to creating new business opportunities by working closely with ultra-high-net-worth private individuals and the institutions that manage their wealth.