Board Of Directors

The Board of Directors shares in-depth knowledge of healthcare-related real estate. The Board of Directors currently consists of four members.

Martin Gafner


Martin Gafner is a Swiss-certified banking specialist. After holding various positions in the financial sector, he became CEO and shareholder of Investas AG and Delegate of the Board of Investas Beratung AG. He was CEO of Valiant Privatbank AG and ad interim CEO a.i. of Valiant Bank AG between 2009 and 2016. Martin Gafner is partner and shareholder of the independent Invethos AG asset management company. He is also Chairman of the Board of Directors of the Siloah AG healthcare group, Chairman of the Foundation Board of Stiftung Siloah, Vice-chairman of Band-Genossenschaft and Member of the Foundation Board of Previs Vorsorge. Furthermore, he is a board member of Heli Bernina AG, Energieverbund Siloah AG, Schlossgarten Riggisberg Genossenschaft and Venturevest AG. Martin Gafner was appointed Chairman of the Board of Directors of Infracore in October 2018 and Board member of Générale-Beaulieu Immobilière SA in December 2019.

Ruth Metzler-Arnold

Member (since 2019)

Ruth Metzler-Arnold studied law at the University of Fribourg and is a certified public accountant. From 1999 to 2003, she served as Federal Councillor of the Swiss Confederation and formerly Minister of the Canton Appenzell Innerrhoden. Later, she worked for the pharmaceutical company Novartis for several years in senior positions in France and globally. She is “Of Counsel” in a consulting firm as well as a member of the University Council of the University of St. Gallen and member of the Foundation Council of Think Tanks Avenir Suisse. She’s also a Chairwoman and Board Member of various companies and organisations, amongst which Swiss Medical Network SA.

Through her diverse political and professional experiences, as well as her broad economic and public health skills, the lawyer and certified public accountant will bring her knowledge and extensive experience to Infracore’s Board of Directors.

Ruth Metzler-Arnold was appointed Board member of Infracore in April 2019 and Board member of Générale-Beaulieu Immobilière SA in June 2020.

Edward K. Aldag

Member (since 2019)

Ed Aldag launched Medical Properties Trust, Inc. (NYSE: MPW) in 2003 as the nation’s only real estate investment trust (REIT) focusing exclusively on hospitals. Today, Medical Properties Trust is the established leader in the hospital REIT sector, with approximately 450 facilities across the United States, Western Europe, South America and Australia.

Under Ed’s leadership, MPT’s assets have grown to nearly $25 billion and the company has become the second largest U.S.-based owner of hospital beds, with more than 46’000 in its portfolio. A native of Eufaula, Ala., Ed is a graduate of the University of Alabama, where he majored in finance.

Ed Aldag serves on the board of Children’s of Alabama, one of the nation’s leading hospitals for children, and as a director and member of the investment committee of the Alabama Children’s Hospital Foundation. He also serves as a board member for Mitchell’s Place, benefitting children with autism; the Birmingham Education Foundation, dedicated to increasing the number of students in Birmingham City Schools that are on the path to college, career and life readiness; the American Sports Medicine Institute, which works to understand, prevent and treat sports-related injuries; and as a member of the executive committee of the Birmingham Business Alliance.

He is a guest lecturer at both the University of Alabama and the University of Alabama at Birmingham (UAB) and part of the UAB President’s Campaign Leadership Cabinet for a $1 billion campaign. In November 2017, he was selected as a member of the national advisory board of governors for Nareit (the National Association of Real Estate Investment Trusts).

Edward Aldag was appointed Board member of Infracore in May 2019 and Board member of Générale-Beaulieu Immobilière SA in June 2020.

Antoine Hubert

Vice-Chairman (since 1997)

Prior to acquiring a stake in Clinique de Genolier in 2002 and founding Swiss Medical Network in 2004, Antoine Hubert was mainly active in the property and real estate industry and has set up businesses and served as a director with several companies in various industries. He is a major shareholder of AEVIS VICTORIA SA. Antoine Hubert is Delegate of the Board of AEVIS VICTORIA SA, Swiss Medical Network SA and Générale Beaulieu Holding SA. He is Chairman of the Board of Swiss Hotel Properties SA and CACM hôtels SA. He is Vice-Chairman of the Board of Directors of Centre Médico-Chirurgical des Eaux-Vives SA, Medizinisches Zentrum Biel MZB GmbH and Nescens Genolier SA. He is Board member of GSMN Suisse SA, Swiss Medical Network Hospitals SA, Clinique Générale-Beaulieu SA, Réseau de l’Arc SA, Swiss Visio SA, Swiss Medical Centers Network SA, Victoria-Jungfrau AG, Grand Hotel Victoria-Jungfrau AG, Hotel Eden au Lac AG, Hotel Bellevue Palace AG, Weriwald AG, Seiler Hotels AG, MRH Zermatt AG, Générale-Beaulieu Immobilière SA, NESCENS SA, Laboratoires Genolier SA, Nouvelle Agence Economique et Financière SA, Well Gesundheit and Batgroup SA. Furthermore, he is a member of the Foundation board of Aevum Fondation de prévoyance and Genolier Foundation for medical solidarity.


Infracore is managed by a team of experienced professionals, whose skills in real estate, financial and operational issues specific to the healthcare sector will enable Infracore to pursue its development, in particular by creating a real ecosystem around hospitals dedicated to research and entrepreneurship.

Eric Frey


The executive management of Infracore is entrusted to Eric Frey, who has a unique and extensive experience in both the healthcare infrastructure market and in hospital renovations and conversions. Eric Frey’s management and operational skills specific to the healthcare sector will enable to profile Infracore in its future developments and real estate investments.

Eric Frey, a native of Zug, counts over 30 years of experience as an entrepreneur and executive manager. He has been a member of the General Management of Swiss Medical Network since 2006 in various capacities and as Chief Development Officer since 2008. After more than 15 years with Swiss Medical Network, Eric Frey has acquired a broad knowledge of the healthcare environment and has built up a solid network in the Swiss healthcare sector.


Nicolas Schmid


Nicolas Schmid, a native of Affoltern i.E., counts over 18 years of experience in finance and accounting. He is acting as CFO of Infracore since October 2021. Nicolas Schmid is employed by AEVIS VICTORIA SA since January 2015, in charge of the Group’s Consolidation and Controlling, and thus acquired a broad knowledge in the healthcare-related infrastructure sector. Before joining AEVIS VICTORIA, Nicolas Schmid acted as a consultant in accounting and consolidation. He holds a BSc in Business Administration and is a Swiss certified expert in accounting and controlling.