Entrepreneur Alfred Schindler will step down as chairman of the Foundation Board of the Institute for Swiss Economic Policy (IWP) at the end of the year. + Get the most important news from Switzerland in your inbox According to a report in the Neue Zürcher Zeitung (NZZ), he is expected to be succeeded by former Swiss National Bank (SNB) president Thomas Jordan. “I’m stepping down now for reasons of age and health,” Schindler told the NZZ in an interview published on Wednesday. The IWP operates under a cooperation agreement with the University of Lucerne. The institute is led by economics professor Christoph Schaltegger. However, it is funded not by the university but by the Swiss Economic Policy Foundation. Schindler has served as president of the foundation’s board of trustees since it was set up around six years ago. “Switzerland’s system of direct democracy is very close to my heart: it’s the foundation of our country’s success,” Schindler said, explaining his involvement. He ...