A few weeks ago, regulators approved KBL's appointment of a new CEO.

KBL European Private Bankers, the pan-European private banking group, has appointed Bill Street as group chief investment officer.

Most recently, Street was CIO for Europe, Middle East and Africa, at State Street Global Advisors. He has 25 years of experience working in London, Berlin and New York.

At State Street Global Advisors, where he served for over a decade, Street was responsible for more than €500 billion ($550.7 billion) in assets, managed across multiple asset-class strategies and investment centres. Previously, he served as head of fixed income at UniCredit. He earlier served at Bankgesellschaft Berlin, Commerzbank, Banque Indosuez and JP Morgan.

In his new role, Street will work alongside current group CIO Stefan Van Geyt, who will assume the position of group head of investment products and services. Prior to joining KBL epb in 2013, Van Geyt served as director of investments, Belgium, at BNP Paribas Fortis, where he oversaw all investment-related activity for the Brussels-based private banking unit. Over the previous decade, he held a range of positions in Luxembourg and Switzerland.  

KBL European Private Bankers in August named a new group chief executive, Jürg Zeltner. Zeltner’s appointment - originally announced on 24 May - was subject to clearance by the ECB and Luxembourg’s Commission de Surveillance du Secteur Financier. That approval was granted in August.

Formerly president of UBS Wealth Management and a senior executive at the Swiss bank, Zeltner replaced Peter Vandekerckhove, who stepped down from the day-to-day rigours of his position.