Launch of a fund designed to support the employability of current employees in the Canton of Geneva

November 12, 2026

With the creation of the ISFB Prevention Fund, the ISFB is strengthening its commitment to employees of member institutions in Geneva by offering a new program focused on employability and planning for career development.

It was during the 2026 ISFB Gala that the Institute announced the creation of the ISFB Prevention Fund. Intended for employees currently working at an ISFB member institution in the canton of Geneva, this new program will become operational on January 1, 2027.

The ISFB Prevention Fund aims to support professionals when changes in their field, tools, or expected skills create a need to update or develop their skills, in order to sustainably support their employability and career advancement.

A concrete response to the realities of the banking sector

In the face of the automation of certain tasks, the emergence of new tools, changing regulatory requirements, and evolving practices, the banking and financial sectors are changing rapidly. Against this backdrop, the creation of the ISFB Fund is based on a simple belief: a career assessment and personalized support can help employees stay on track in their careers.

The ISFB Prevention Fund complements the skills development initiatives carried out by member institutions. It is not intended to replace the responsibilities of employers and employees themselves, nor does it replace government programs.

Mathias Baitan, Executive Director of the ISFB, emphasizes this commitment to taking proactive action: “Our goal is to foster a new mindset: not to wait until a professional situation deteriorates before taking steps to develop skills. As a profession evolves, employees must be able to remain in control of their career paths. Employability is built on a shared responsibility among the individual, their employer, public authorities, and—for the banking and finance sector in Geneva—their professional association.”

For Edouard Cuendet, Director of the Geneva Financial Center Foundation, this initiative by the ISFB contributes more broadly to the future of the banking and financial sector in the Canton of Geneva: “Employability is a key strength of employees in the banking sector. To preserve and develop it, it is essential to be able to build skills throughout one’s professional life. We support this initiative, which makes it possible to anticipate changes, identify each individual’s skills and potential, and offer tailored support. The ISFB Prevention Fund thus contributes to the vitality and future of the banking and financial sector, which employs 40,000 people.”

Employability: A Shared Responsibility

The ISFB Prevention Fund combines the commitment of employees, the practical support of their employers, and the expertise of the ISFB as a professional association dedicated to skills development.

The application may be initiated by the employee or by the employee’s employer. In either case, each situation is reviewed on a case-by-case basis. Eligibility for the program depends on the selection committee’s approval of the application, the employer’s support, and the availability of funds.

Comprehensive coverage provided by the ISFB Prevention Fund

For approved applications, the approved program will be fully covered by the ISFB Prevention Fund for the beneficiary and their institution, subject to the approved benefits and the availability of the program. No funds will be paid directly to the employee or the employer.

The ISFB Prevention Fund will open on January¹, 2027. Details on how to apply will be communicated to ISFB member institutions and will also be posted on the ISFB website in the coming weeks.

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The analyses and content published by the ISFB may be quoted or reproduced in part, provided that the source is clearly mentioned. Any full or substantial reproduction of this article in another medium or format is subject to the prior written authorization of the ISFB. In order to facilitate reading and without any intention of discrimination, the masculine gender is generally used, in accordance with the grammatical rule that allows it to be used as a neutral value to refer to a group of people comprising both men and women. This publication is intended for ISFB members and their employees in Switzerland, as well as anyone interested in finance in Switzerland. It is not intended to be read or distributed in any jurisdiction where its distribution would be prohibited.

ISFB Prevention Fund

A program to support employability

 

Our goal is to foster a new mindset: not to wait until a professional situation deteriorates before taking steps to develop skills. As a profession evolves, employees must be able to remain in control of their career paths.

Mathias Baitan, General Manager