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SNB Names Martin Brown as Successor to Retiring Chief Economist Carlos Lenz

Apr 24, 2026 14:35 UTC
CHF
Medium term

The Swiss National Bank has announced that Chief Economist Carlos Lenz will retire at the end of 2026. Martin Brown, a seasoned academic and former SNB official, has been tapped to lead the bank's economic research.

  • Carlos Lenz retiring at the end of 2026
  • Martin Brown appointed as new Chief Economist
  • Brown currently directs the SNB Study Center Gerzensee
  • Brown is an adjunct professor at the University of St Gallen
  • Brown previously served at the SNB from 2004 to 2011

The Swiss National Bank (SNB) has confirmed a leadership transition within its economic research division, announcing that Chief Economist Carlos Lenz will step down from his post at the end of the current year. Martin Brown, the 55-year-old director of the SNB’s Study Center Gerzensee, will succeed Lenz. Brown brings a blend of academic rigor and institutional experience to the role, having previously served as a mid-level official within the central bank between 2004 and 2011. Brown's academic credentials include a tenure as a professor of banking and his current role as an adjunct professor of financial economics at the University of St Gallen. His appointment reflects a strategic bridge between the SNB's academic research initiatives and its core policy functions. While the transition is scheduled for the end of the year, markets typically monitor changes in central bank leadership for signals regarding future monetary policy leanings. However, the appointment of an internal candidate with deep ties to the SNB's research arm suggests a preference for continuity in the bank's economic framework and analytical approach.

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