The Swiss bank has 13 offices across the country and has around $20.6 billion of assets under management.

Swiss-headquartered Notenstein La Roche has appointed Patrick Fürer as its new chief financial officer and chief operating officer. Fürer will also act as the deputy to the chief executive.

He will join the executive board on 1 July, the firm said in a statement yesterday.

Dr. Fürer joins Notenstein La Roche after spending eight years with Morgan Stanley Switzerland, where he served as the private bank’s COO, and most recently as its chief executive. He was also previously head of processing and IT at the Raiffeisen Group.

“We are very pleased to have found in Patrick Fürer the ideal person to occupy the positions of CFO and COO. He not only has many years of experience in operational management, but also possesses solid knowledge of banking and the financial markets,” said Dr. Adrian Künzi, CEO.

The firm specialises in investment advisory services and wealth management and has 13 locations across Switzerland, employs around 400 members of staff and manages approximately CHF 20 billion ($20.6 billion) worth of assets.