# Pensionskasse der Sonova Holding Pensionskasse der Sonova Holding is a Pension Fund based in Stäfa, Switzerland. ## Overview - **Organization type:** Pension Fund - **Headquarters:** Stäfa, Switzerland - **Region:** Europe - **Address:** Stäfa, Switzerland - **Founded:** 2000 - **Assets under management:** Undisclosed - **Website:** phonak.com - **LinkedIn:** https://ch.linkedin.com/company/phonak ## Regulatory record - **Reports private funds:** No ## About The Pensionskasse der Sonova Holding was established in 2000 as the occupational benefits foundation for Sonova Holding AG, the Stäfa-headquartered global leader in hearing-aid manufacturing. The foundation provides defined benefit pension coverage to employees of Sonova and its affiliated Swiss companies, insuring against the financial risks of old age, death, and disability. Board President Patrick Baechler and Vice President Martin Zois oversee the scheme's governance, with Sonova CFO Elodie Carr-Cingari serving as a trustee, linking investment oversight directly to the sponsor's financial leadership. The foundation's asset allocation reflects a classic Swiss pension fund structure: a portfolio anchored by equities and bonds, complemented by a direct real estate book concentrated in Swiss mixed-use properties. The geographic focus remains domestic, aligning with the Swiss regulatory and currency environment that shapes the fund's risk framework. The foundation maintains membership in ASIP, the Swiss pension fund association, and adheres to its ESG reporting guidelines—an increasingly standard governance marker for Swiss institutional asset owners. Sonova Holding AG also supports the Hear the World Foundation, a charitable initiative focused on providing hearing care to underserved communities, though operational separation from the pension fund's investment activities is maintained. Team size and specific external manager relationships are not publicly catalogued. A defining structural feature of the Pensionskasse der Sonova Holding is its embedded, single-sponsor architecture: the foundation serves one corporate group's Swiss workforce without external multi-employer pooling. That standalone design, governed by a board that includes the sponsor's sitting CFO, creates a uniquely tight feedback loop between the employer's financial strategy and the pension fund's investment decisions—a model that concentrates fiduciary attention but also name-concentrates risk in a single corporate credit. The defined benefit promise further distinguishes it from the broader shift toward defined contribution structures seen across corporate Switzerland. ## Sectors - Real Estate ## People - Patrick Baechler — President of the Board of Trustees - Martin Zois — Vice President of the Board of Trustees - Elodie Carr-Cingari — Member of the Board of Trustees, CFO of Sonova Holding AG ## Questions ### How is the Pensionskasse der Sonova Holding related to Sonova Holding AG? The pension fund is the legally independent occupational benefits foundation exclusively serving Sonova Holding AG and its affiliated Swiss companies. It operates under Swiss pension law as a single-sponsor foundation, meaning its membership is restricted to employees of the Sonova group rather than being open to multiple employers. Sonova CFO Elodie Carr-Cingari's board seat formally links the fund's governance to the corporate parent. ### What asset classes does the fund invest in? Known allocations include a direct Swiss real estate portfolio composed of mixed-use properties, alongside equities and bonds. The direct real estate exposure points to a long-duration, local-currency asset strategy designed to match the fund's defined benefit liabilities. No alternative asset commitments—such as private equity, hedge funds, or infrastructure—have been publicly confirmed by the foundation. ### What ESG framework does the fund follow? The foundation adheres to the ESG reporting guidelines established by ASIP, the Swiss pension fund association. ASIP provides standardized sustainability reporting recommendations tailored to Swiss pension funds, covering environmental, social, and governance factors in investment management. ### Is the Pensionskasse der Sonova Holding a defined benefit or defined contribution plan? It operates defined benefit pension plans, covering the economic consequences of old age, death, and disability for insured members. This makes it part of the shrinking segment of Swiss corporate pensions that still guarantee benefit levels, rather than shifting investment and longevity risk to employees through defined contribution structures. ### How is the Hear the World Foundation connected to the pension fund? The Hear the World Foundation is a philanthropic initiative supported by Sonova Holding AG, focused on providing hearing healthcare to children in need globally. It operates as a separate charitable entity and is not an investment vehicle or asset of the Pensionskasse der Sonova Holding. The two entities share the Sonova parentage but maintain distinct governance, assets, and missions. ## Related profiles - [Pensionskasse der Siemens-Gesellschaften in der Schweiz](https://altss.com/profile/pensionskasse-der-siemens-gesellschaften-in-der-schweiz-pksgs) - [Pensionskasse der Stadt Dübendorf](https://altss.com/profile/pensionskasse-der-stadt-d-bendorf) --- Last updated: 2026-08-11T02:43:31.692Z Canonical page: https://altss.com/profile/pensionskasse-der-sonova-holding Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology