People Moves
Swiss Private Bank Ramps Up Its Luxembourg Business
The new group of joiners will concentrate on building Western European business in Luxembourg.
Julius Baer has
appointed Jean-Daniel Roch as its market head of “Luxembourg
Western Europe”, reporting to Carlos Recoder, head of Western
Europe at the Zurich-listed bank. Roch has been joined by four
new relationship managers, the bank said. (The business title
means that Roch, who is is based in Luxembourg, looks after
clients based in Western Europe.)
“Their additions represent an important advancement in our
strategic goal to grow our Western European franchise,” Recoder
said.
Roch joins the bank with his team after more than 35 years at
Credit Suisse
in Luxembourg.
The new group of joiners will focus on the development of the
Western European business in Luxembourg, making use of their
network and relationships with upper high net worth and ultra-HNW
individuals.
Oliver Theisen joins as a senior RM. Theisen has spent his whole
career of 21 years at Credit Suisse covering premium HNW
international private clients. Françoise Dawir joins as a senior
RM. She worked at Credit Suisse for 16 years covering premium HNW
and UHNW clients from the Benelux and French markets. Previously,
she spent ten years as RM at Bank Leu and six years at Banque et
Caisse d’Epargne de l’Etat in Luxembourg.
Tomasz Kosiur joins as an RM. He was with Credit Suisse for 11
years where he had the opportunity to serve private clients.
Prior to that Kosiur worked at Banque J Safra Sarasin as a
financial analyst.
Nicolas de Canchy joins as a RM. He was at Credit Suisse for 13
years serving both European and Middle Eastern clients. Prior to
this, he also worked as an investment analyst in several European
locations.
Last week, Julius Baer reported a 14 per cent year-on-year rise
in adjusted net 2017 profit to a record SFr806 million ($864
million) and it also announced it has agreed to buy 95 per cent
of Brazilian firm Reliance Group for an undisclosed amount
subject to certain performance conditions. That deal adds to a
recent acquisition move in Italy.
