Banque Internationale à Luxembourg  Suisse (BIL Suisse) this week announced growth plans, targeting Geneva, and the appointment of a new branch head as well as a new office.

As part of its growth strategy, BIL Suisse has appointed experienced banker Lionel Pilloud (pictured) as the new head of its Geneva branch, starting in September.

Pilloud is a banking professional with over 30 years of experience, bringing expertise across various banking sectors, the firm said in a statement. Most recently, he was at Credit Suisse for nearly six years serving in various roles in Romandy and Ticino. Prior to that, he spent almost 20 years at the Zurich-based investment firm Vontobel where he was responsible for the French market and the Middle East, operating from Geneva.

The Swiss bank said it is committed to expanding its business in Geneva. Due to the combination of its wealth management and global advisory offering, it will focus on entrepreneurial clients from the French-speaking part of Switzerland, Europe, the Middle East, external asset managers, family offices and multi-family offices.

The bank also plans to expand its team with experienced professionals, particularly relationship managers, and has confirmed that plans are underway to move to new premises in the centre of Geneva towards the end of 2025, which will serve as a hub for enhanced operations and client meetings.

Founded in 1856, Banque Internationale à Luxembourg (BIL) is the oldest multi-business bank in the Grand Duchy. It currently operates in retail, private and corporate banking, as well as on financial markets. Employing more than 2,000 people, BIL is present in the financial centres of Luxembourg, Switzerland, and China.