Private Banking Executive Moves | Q3 2022

Bank Syz

  • Philippe Turrian joined Bank Syz on 1 October 2022 as Head of Client Solutions, Marketing and Communication. There he reports directly to CEO Yvan Gaillard. The areas of Marketing and Communication were previously the responsibility of Ranjit Moses, who left the company a few months ago.

BIL Suisse

  • The role of Chief Financial Officer (CFO) will be merged with that of Chief Risk Officer (CRO). Michiel Haasbroek will assume responsibility for this dual function – as the new CFRO (Chief Financial and Risk Officer). The role of Chief Operating Officer (COO) will be assumed by the former General Counsel and Corporate Secretary, Tobias Kamber, who will accordingly advance to General Counsel and Chief Operating Officer. The current CFO, Fabian Käslin, is leaving the bank. 

Bitcoin Suisse

  • Barbara Hofkamp joins the Executive Board of Bitcoin Suisse as Head of Corporate Services. She leaves UBS, where she was Chief of Staff of the Division Global Asset Management.

BNP Paribas

  • BNP Paribas has hired Yusuf Savmaz as head of Swiss-German onshore market. He also joined the executive committee of wealth management for Switzerland and emerging markets, and reports to the division’s CEO Beat Bachmann. He previously worked at Credit Suisse, where he was in charge of the entrepreneurs and executives segment in the Zurich region.

Credit Suisse

  • Ulrich Körner is the new CEO and successor to Thomas Gottstein. Körner was previously in charge of asset management at CS. He only joined the company in March 2021, for which he had already worked in various functions from 1998 to 2009. In between, Körner had also held various positions at UBS.
  • Credit Suisse Group appoints Dixit Joshi as Chief Financial Officer and Francesca McDonagh as Group Chief Operating Officer. They will both join the Executive Board. Michael J. Rongetti, meanwhile, has been appointed ad interim Chief Executive Officer of the Asset Management Division. All three will report directly to CEO Ulrich Körner.
  • After seven years, Serge Fehr steps down as Head of Private Banking Switzerland at Credit Suisse. Roger Suter, who joined the major bank in 1993 and headed the Central Switzerland region, is entrusted with the new management of Swiss Private Banking.
  • Credit Suisse has appointed Monica Dahinden from Julius Baer as its new Head of Human Resources for Switzerland. She will also become a member of the Executive Board of Credit Suisse in Switzerland. Dahinden replaced Claude Täschler as Head of People for Switzerland and the Swiss Bank Division.
  • Credit Suisse appointed James Purcell as Head of Sustainability Frameworks. He works from Zurich and reports directly to the Chief Sustainability Officer, Emma Crystal. Purcell will also be a member of the Global Sustainability Management Committee in his role. Together with Eugène Klerk, he will also co-head the Center for Sustainability, a pillar of the Credit Suisse Research Institute.
  • After three years as Head of IT Kirsten Renner left Credit Suisse. Renner had resigned to become the Group CIO for Nordea bank.
  • 11 months after Jens Welter was promoted to co-head of global investment banking based in London, he is retiring from his position. Also, the head of Global Credit Products, Daniel McCarthy, is leaving the bank. Co-head David Wah will now assume sole responsibility for global banking. He had only taken over the functions as Co-Head of Global Banking and Co-Head of Investment Banking and Capital Markets EMEA at the beginning of the year. Cathal Deasy and Giuseppe Monarchi will become the new Co-Heads of Investment Banking and Capital Markets EMEA.

EFG International

  • Maria Leistner will take over as Global Head of Legal & Compliance at the Swiss private bank EFG International at the beginning of November 2022. She will report directly to CEO Giorgio Pradelli. Leistner succeeds Vassiliki Dimitrakopoulou, who had held this position on an interim basis since April 2022.
  • Alexander Classen is to become the new Chairman of the Board of Directors of the Swiss private bank EFG International. In return, Peter Fanconi will resign at the end of October 2022 for personal reasons.

Lombard Odier

  • Francis Liu takes over the management of the retail banking business in Asia and the position of CEO in Singapore. He comes from UBS, where he has held various leadership positions in the wealth management sector over the past 12 years, most recently as head of the ultra-high-net-worth business APAC. Liu will have full responsibility for Lombard Odier's retail banking business in Asia and will report to Asia CEO Vincent Magnenat.

Pictet Group

  • After 25 years with the company, Rémy Best is retiring from the Pictet Group's partnership board. Following his departure at the end of April 2023, Best will move to the supervisory body that oversees the Group, as well as to the Board of Directors of the Swiss bank Banque Pictet & Cie; in both cases as a non-executive member. At the beginning of May 2023, the 39-year-old Sven Holstenson will take his place. He joined Pictet in 2012 as an analyst in the strategic projects department. In 2015, he joined Pictet Wealth Management (PWM) and held various roles there before being appointed Head of Europe for PWM in 2019.
  • Private bank Pictet has appointed Victor Aerni, currently Head of Pictet Wealth Management in German-speaking Switzerland, as Head of Pictet Wealth Management Asia as of early July 2023. Fong Seng Tee, the current head of Asia, will become Deputy Chairman of the Board of Directors of the Singapore branch of the Pictet Group. 

Rothschild & Co. Bank

  • At the beginning of October 2022, Nick Bossart will join Rothschild & Co in Zurich as Swiss Head of Global Advisory. Since 2012 he had worked for J.P. Morgan in Switzerland. In the course of his career, he established investment banking as the third force after the major domestic banks Credit Suisse and UBS.

SIX

  • Marco Menotti has decided to leave SIX at the end of July and devote himself to his own projects, especially start-ups. Dieter Goerdten, currently Head of Products & Services in the division, will succeed Menotti and become a member of the Executive Committee of SIX. Goerdten has been working for various Swiss banks for over 20 years on the development and launch of products and services.

Sygnum

  • Fernando Luis Vázquez Cao joins the Supervisory Board as CEO of SBI Digital Asset Holdings. He is a veteran of the open source software industry with more than 20 years of experience in technological innovation, governance, capital markets and digital assets.
  • At the same time, Al-Noor Ramji becomes a member of the Sygnum Board of Directors. Ramji has extensive experience with large-scale transformations in the banking, technology and software industries and has successfully led companies through periods of strong growth and global expansion.

UBS

  • Tom Naratil has decided to retire from his current duties as Co-President Global Wealth Management and President UBS Americas as of October 2022. Naureen Hassan joins UBS from the Federal Reserve Bank of New York. She will succeed Naratil as President of UBS Americas and CEO of UBS Americas Holding and will become a member of the UBS Group Executive Board. Iqbal Khan will become the sole President of Global Wealth Management.
  • UBS Switzerland is realigning its Swiss contact center (CCS), as the bank responds to the strong increase of remote services in the banking business. Alfons Livers, the former head of the unit, handed over responsibility for the CCS unit to Kaja Bertoli on October 1. Livers will help Bertoli with the transition phase and will take on a new role within UBS starting in 2023.

Vontobel

  • The Head of Digital Investing Toby Triebel will step down in December. He joined Vontobel in October 2020. Francois Rüf will now take over the management of Digital Investing on 1 December 2022.
    VP Bank
  • Antony Lassanianos, CEO of VP Bank in Switzerland, leaves the bank. Lassanianos has been a member of the Executive Board of VP Bank (Switzerland) since 2014. In 2016, he assumed the role of CEO of the subsidiary, which is part of the internationally active VP Bank Group. He also headed the European business at the Swiss subsidiary. Lassanianos moves to the local competitor, the Fürstenbank LGT in February 2023.

Zürcher Kantonalbank

  • Rudolf Sigg will step down from his position as Head of Finance (CFO) at Zürcher Kantonalbank on 31 October 2023 and will then leave the Bank.

 


 

Contact

Dr. Matthias Oberholzer
Russell Reynolds Associates
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Switzerland
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Direct: +41-44-447-30-34
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matthias.oberholzer@russellreynolds.com

 

Dr. Corrado Menghini
Russell Reynolds Associates
Stampfenbachstrasse 5 8001 Zurich
Switzerland
Tel: +41-44-447-30-30
Direct: +41-44-447-30-33
Mobile: +41-79-261-92-42
corrado.menghini@russellreynolds.com