Zurich-based EFG International, a private banking group offering asset management services, has made changes to its leadership team and organisational structure. Lukas Ruflin will return to the Executive Committee as Deputy CEO to support the strategy development and execution of the firm, while Jim Lee will assume responsibility for EFG’s Asset Management business.
Lukas Ruflin has been appointed Deputy CEO of EFG International, returning from EFG Financial Products. In his new role, he will focus on further development and execution of the firm’s strategy, working closely with CEO Lawrence Howell.
Jim Lee will relinquish his position as Deputy CEO to become Head of EFG International’s Asset Management business, overseeing EFG Financial Products, Marble Bar Asset Management, Capital Management Advisors, and the other asset management and funds businesses within EFG International’s group of banks. The new group is likely to develop its sales capabilities to third parties. Private banking CROs will continue to work under the strict open-architecture principle upheld by the firm.
