FEI appoints Daniel Alvarez as new Finance Director

Media updates
06 February 2024 Author: FEI

The FEI has appointed Daniel Alvarez, 44, a Swiss and Spanish national, as its new Finance Director. He will replace outgoing Chief Financial Officer Claude Praz, who will step down from his position at the end of June, to take an early retirement.

Daniel Alvarez is a Swiss certified specialist for Finance and Accounting with a solid expertise in Accounting and Controlling. He holds a wealth of professional experience having worked at international companies with branches in Switzerland such as Tetra Pak International; Ikea; and Debiopharm, an independent biopharmaceutical company. From 2009 to 2021, he was at Philip Morris International, where he rose to the position of Manager Financial Planning. Before joining the FEI, Mr Alvarez was the Head of Controlling – Business Partnering at Ineos Styrolution, a global chemical organisation. During his tenure at Ineos Styrolution he completed an Advanced Management Development Programme.

“It gives me great pleasure to welcome Daniel Alvarez to the FEI,” Secretary General Sabrina Ibáñez said. “We were impressed with his varied professional experience and are convinced that his deep understanding of Swiss finance coupled with his knowledges of international markets will be great assets for the FEI.

“I would like to take this opportunity to express our deepest thanks to outgoing CFO Claude Praz, who has been with the FEI for over 10 years. His contribution to the rigour and transparency with which the FEI manages its finances is outstanding. We, of course, respect his decision to retire early and enjoy personal projects, but are very sad to see him go.”

“I am delighted to be joining the FEI,” newly appointed FEI Finance Director Daniel Alvarez commented. “I was impressed with the organisation’s commitment to good governance, service and accountability and I am looking very much forward to this new challenge.”

Daniel Alvarez will start in his new role on 15 April and will work alongside Claude Praz to ensure a thorough and smooth handover.

Mr Alvarez speaks French and Spanish as mother tongues and is fluent in English. He is married and has three children.