Basler Kantonalbank has named a new head of its private banking business in Zurich.

Basler Kantonalbank has named Rene Burgisser as the new head of its private banking business in Zurich.

Burgisser will take over the management of BKB Private Banking Zurich by the start of April next year at the latest, the firm said in a statement. Roman Seiler is currently serving in the role on an interim basis and will continue to do so until Burgisser takes up the position.

Burgisser previously worked for Credit Suisse for 17 years, but was most recently head of Bank CIAL in Zurich for seven years. He is currently vice-chairman of the board of AKB Private Bank Zurich, a subsidiary of Aargau Cantonal Bank.

At the start of the summer it emerged that Basler Kantonalbank – along with 11 other Swiss and non-Swiss banks - is the subject of a US criminal probe into their alleged provision of offshore tax evasion services to tens of thousands of wealthy US citizens.