KBL European Private Bankers has hired Stefan Van Geyt as the group chief investment officer, based in Luxembourg.

In his new role, Van Geyt will work with both the senior management of the group and local chief investment officers across KBL’s pan-European network, as well as developing client products and discretionary mandates.

Prior to joining the firm, he served as director of investments at BNP Paribas Fortis in Belgium, where he for six years oversaw all investment-related activity for the 125-strong private banking unit.

Van Geyt has previously held a range of positions at the same firm, first in Luxembourg and then in Switzerland, where he was made head of discretionary and advisory management.

This appointment follows a series of senior hires by the Luxembourg-headquartered group since the start of this year. Consequently, the firm has more than 2,000 employees and €41 billion ($54.03 billion) in assets under management and €39 billion ($51.4 billion) in assets under custody as of December 31, 2012.