The Munich-based private bank has appointed a former deputy CIO from Julius Baer.

Venerable German private bank Merck Finck confirmed to this publication that it has appointed former Julius Baer senior figure Daniel Kerbach in September as its chief investment officer.

At Julius Baer, Kerbach was deputy CIO and global head of discretionary investment solutions.

The private bank, headquartered in Munich, was founded 140 years' ago and is part of the European-based KBL European Private Bankers group of firms, including Insigner de Beaufort, Brown Shipley (the UK firm), KBL Richelieu, and Kredietrust Luxembourg. There are a total of 11 institutions in the group.

This publication produced an overview of the German private banking, wealth and family offices space here.