People Moves
Julius Baer Appoints Deputy Head For LatAm, Spain, Israel
The Swiss private bank Julius Baer has appointed Stephen Kamp as deputy head for Latin America, Spain and Israel.
The Swiss private bank Julius Baer has appointed Stephen Kamp as deputy head for Latin America, Spain and Israel.
Kamp will support Gustavo Raitzin, member of the executive board of Bank Julius Baer, in general management and will also work on “various strategic projects”, the bank announced today. Additionally, he will be responsible for managing and growing the Israeli and non-resident Israeli clients business.
He is set to join the bank in Geneva this December. He latterly worked at HSBC Private Bank, holding a number of roles including chief administrative officer for private banking in the EMEA region.
Zurich-listed Julius Baer has made its international growth plans clear in recent years. It bought a 30 per cent stake in the Brazilian wealth manager GPS in May 2011, as part of plans to make inroads to the local Brazilian market. The purchase gave the Swiss player – which also counts Asia as its “second home market” – locations in Buenos Aires, Santiago de Chile, Lima, Montevideo, Caracas, São Paulo and Rio de Janeiro, with GPS based in these last two. Meanwhile, in March 2012 it launched an office in Tel Aviv.
Going forwards, Raitzin said Kamp was “the ideal person” to further develop the business.