Leadership and faculty

People who have supervised markets, built them and studied them.

The SIDF leadership has 10 years of European financial market supervision at executive level and 20 years of experience in technology companies and market infrastructure.

Leadership

Dr. iur. Dr. phil. Marcel Lötscher

LL.M., MBA · Attorney-at-law and Mediator

Marcel Lötscher is the Director of the Swiss Institute for Digital Finance. He studied law at the University of St. Gallen (HSG) and at the University of Bern. Before his studies, he completed a commercial banking apprenticeship at a major Swiss bank (today UBS) with distinction. He is admitted to the bar in the Canton of Lucerne. He is a trained mediator. He holds the diplomas Swiss Fund Officer FA/IAF and International Fund Officer FA.

Parallel to his career, he wrote two doctoral theses. He wrote his Dr. iur. thesis at the Private University in the Principality of Liechtenstein (UFL). It examines the qualified-investor declaration of wealthy private individuals in collective investment law, in a comparative perspective (cum laude). He wrote his Dr. phil. thesis at the Catholic University of Eichstätt-Ingolstadt. It examines the principles of Catholic investment: ethical and sustainable investment principles between religion and economics (magna cum laude). He holds an Executive LL.M. in company, foundation and trust law from the University of Liechtenstein and an MBA in General Management Competences from Danube University Krems (with distinction). He is a graduate of the VR-CAS HSG as a Certified Director for Board Effectiveness.

From 2012 to 2022, he worked at the Financial Market Authority (FMA) Liechtenstein. He was Head of the Asset Management and Markets Division and a member of the Executive Board. His division supervised asset managers, funds and their management companies. It approved bond prospectuses and was responsible for market-related supervisory matters. For more than ten years, he represented the FMA in international expert bodies. These include the ESMA Board of Supervisors and the European Regional Committee of IOSCO. They also include the IOSCO Expert Group on FinTech (ICO/STO) and the Member States Expert Group on Sustainable Finance of the European Commission. Before that, he worked for the Plenum Group (Plenum Holdings AG, Zug, and Plenum Securities AG, Zurich). He was COO, Group Legal Counsel and a member of group management. From 2022 to 2023, he was Head of Regulatory Strategy at FTX Europe AG.

Since 2023, he is Managing Director and member of the Board of LAWCONSULT AG, Baar (corporate and legal advisory). He is also responsible for the investment company PRIVATINVEST AG. He gives lectures and seminars on financial market law, in particular on FinTech and sustainable finance. He publishes regularly on these topics.

Teaching and supervision

  • Financial market regulation and supervision
  • Asset management and collective investment schemes
  • Sustainable and ethical investment
  • Governance and market conduct

Prof. Patrick Gruhn

LL.M., MBA · Professor of Practice in Entrepreneurship, Digital Innovation & Ethics (EIM)

Patrick Gruhn is Professor of Practice in Entrepreneurship, Digital Innovation & Ethics at EIM (European Institute of Management). He is a member of the founding faculty of the Swiss Institute for Digital Finance. He has a legal education: law studies at Gottfried Wilhelm Leibniz University Hannover and at FernUniversität in Hagen, an Executive LL.M. in international company, foundation and trust law from the University of Liechtenstein, and an MBA in General Management from Danube University Krems. He also has practical engineering experience. He has built and led software companies since 2001.

As Founder and Group CEO of Perpetuals.com Group, he builds derivatives market infrastructure that operates under an MTF licence. Before that, he founded DigitalAssets.AG, a Swiss company for the tokenisation of crypto assets. FTX acquired the company. He then served as Head of FTX Europe. His earlier companies include Rheintal Consulting AG and MagicalWorks Deutschland GmbH. Rheintal Consulting AG was a LegalTech company that applied machine learning to insurance documents. A European media group acquired it. MagicalWorks Deutschland GmbH was an award-winning hosting and application service provider. He was also interim global process director at Trelleborg Sealing Solutions. He is CEO of the television network K-TV.

His research covers entrepreneurship and creative destruction in IT and FinTech. It also covers the empirical analysis of financial and crypto markets, with a focus on retail investors. Further topics are prediction markets, collective intelligence, and business ethics in digital markets. He is a PhD candidate in Management (EIM) and an MSc student in Applied AI (German University of Digital Science). He holds certificates from MIT, Harvard, Yale, the University of Pennsylvania and the University of London in blockchain, AI, contract law and crypto investigation.

He is a member of the International Bar Association (committees Banking & Financial Law, Technology Law and Securities). He is also a member of the German Informatics Society (Gesellschaft für Informatik), the Strategic Management Society and INFORMS.

Teaching and supervision

  • Trading technology and market infrastructure
  • Machine learning and applied AI in finance
  • Digital assets, tokenisation and derivatives
  • Entrepreneurship, digital innovation and ethics

Teaching faculty and guest lecturers

SIDF faculty, faculty of EIM (European Institute of Management) and guest lecturers teach the courses. The guest lecturers come from banks, asset managers, trading firms, exchanges and supervisory authorities. We select the guest lecturers for each module according to its topic. The programme fact sheets show the current lecturers.

Academic governance

Academic standards, assessments and the conferral of degrees follow the accredited framework of EIM under its MFHEA licence. The SIDF Director is responsible for the academic direction of the institute, the design of the programmes and the quality of teaching and supervision.

Questions about the institute?

We are happy to talk with you about our programmes, research collaborations or partnerships.