The government of the Swiss canton of Vaud named Jacques de Watteville to succeed Olivier Steimer as chairman of Banque Cantonale Vaudoise. De Watteville will take up the post Jan. 1, 2018, but will begin attending board meetings as an observer from September 2017. Steimer has served as chairman since 2002, when he was brought in following an impaired loan crisis at the lender in 2001 and 2002.