Julius Baer has named Yves Robert-Charrue as new CEO of Switzerland, effective 1 July 2011. He will be succeeded in his current function as head of Investment Solutions Group by Hans Lauber, who will join Julius Baer on 1 September 2011.
Lauber is a former chief investment officer (CIO) of Winterthur Group and co-founder/CEO of Arecon Asset Management, Zurich. He will also become a member of the bank’s Executive Board.
Bernard Keller, who oversaw the strategic initiative for Switzerland as a member of Bank Julius Baer’s Executive Board, will remain member of the Executive Board of Julius Baer Group, focusing primarily on the strategic development of the Group. He will therefore step down from Bank Julius Baer’s Executive Board.
As planned, Venkatraman Anantha-Nageswaran, CIO, will leave Julius Baer at the end of July, but will continue to be associated with the group as an external advisor.
The move is part of the firm’s strategic initiative launched 18 months ago to further accelerate the growth in the group’s home market and to leverage the many product and service innovations aimed at the particular requirements of Swiss-domiciled clients.
This adapted organizational structure replaces the bank’s so far regional Swiss coverage.
Julius Baer CEO FJ Collardi said together with the addition of senior investment professional Hans Lauber, they are poised to achieve their ambition to become the investment provider of choice for sophisticated private banking clients.
