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This Article is From Oct 06, 2021

SNB’s Zurbruegg to Miss a Few Weeks of Work for Heart Procedure

SNB’s Zurbruegg to Miss a Few Weeks of Work for Heart Procedure

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Swiss National Bank Vice President Fritz Zurbruegg will miss work for medical reasons, the second such absence for a policy maker within a short period of time. 

The cardiac procedure for Zurbruegg, born in 1960, is scheduled for this week, and he'll be back to work within a few weeks, according to a statement on Tuesday. 

The news comes after long-serving SNB President Thomas Jordan was on sick leave for much of last month. 

The Swiss central bank has an ultra-expansive monetary-policy stance, with the world's lowest interest rate and currency interventions to keep the franc -- a haven in times of market stress -- from strengthening. 

Its governing board makes decisions on the basis of consensus and presents a unified stance to the public. 

Read More: 

©2021 Bloomberg L.P.

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