Meystre will return to Geneva, the strategic centre of Julius Baer’s Middle East business to oversee the further expansion of the group’s advisory activities across the region, after building up the Cairo office over the last two years.
To ensure a smooth transition within Julius Baer Advisory in Cairo, Meystre handed over the role of CEO to Wael Hamroush on 1 October 2010.
Meystre has been CEO East Mediterranean and Middle East and CEO of Julius Baer Advisory in Cairo since September 2008.
Hamroush has more than 10 years of experience in the field of private banking in the region. He has represented various Swiss banks in Cairo for over a decade.
Julius Baer CEO Middle East and Asia Thomas Meier said under the leadership of Olivier Meystre, Julius Baer has established a successful operation in Cairo and significantly strengthened the business in the Middle East.
"Olivier’s relocation to Geneva marks an important step forward in our regional strategy in the Middle East and will have a considerable impact on our expansion plans and future presence in this key growth market," Meier said.