SNB's Blattner to retire in the spring of 2007

The vice-chairman of the Swiss National Bank's Governing Board, Niklaus Blattner, will retire at the end of April 2007, the SNB said on Friday 18 August, adding that a replacement would be proposed within months.

He informed the Bank Council of his intention on Friday, the bank said in a press release.

Born in 1943, Niklaus Blattner has been a member of the National Bank's Governing Board since 1 January 2001, heading Department II. Since 1 July 2003, he has acted as vice-chairman of the

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