A new CFO is coming to the Swiss private bank, following a brisk period of change in that role at Standard Chartered this year.

Julius Baer has appointed former Standard Chartered interim group chief financial officer Peter Burrill (main picture) as CFO, effective 17 August, subject to final regulatory approval.

This follows the bank’s previous announcement in April that Evie Kostakis, Julius Baer’s current CFO, would be stepping down and will leave the group following an orderly transition, it said in a statement late last week. 

Burrill, who has more than 30 years’ experience working in Germany, the UK, and the US, will be joining from Standard Chartered, where he worked for nine years. Before his interim group CFO role (see an article here), he was group head, central finance and deputy CFO. He previously worked at Deutsche Bank in Frankfurt as group controller and co-head of group finance. He started his career at KPMG, where he spent 20 years as an auditor. Burrill holds a bachelor’s degree in business economics from the University of California, Santa Barbara.

“With extensive international experience across our core markets and working at a bank strongly focused on wealth management, he will be an outstanding addition to our team as we continue to strengthen and grow our leading wealth franchise and build on the strong partnerships across all stakeholder groups,” Stefan Bollinger, CEO of Julius Baer, said.