People Moves

EFG Taps Coutts, UBS and HSBC to Beef Up London Client Team

Stephen Harris, 5 September 2006

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EFG Private Bank, the London-based private banking arm of EFG International, has recruited six new client relationship officers following th...

EFG Private Bank, the London-based private banking arm of EFG International, has recruited six new client relationship officers following the recently announced appointments of Paul O’Donnell from UBS as head of private banking, together with Hans Knowles from Credit Agricole and Andy Lee from BW Group (IOM).

Michael Eagle, Steve Beckley, Daniel Edwards and Andrew Brooks all previously at Coutts and Anthony Christodoulou, previously at UBS will focus primarily on UK-based clients, whilst Keith Simpson who joins from HSBC will focus on Greece.

The recently announced acquisition of Harris Allday by EFG Private Bank has added a further 27 CROs in the UK.

John Williamson, chief executive officer at EFG Private Bank, said: “We are delighted to be delivering on our growth plans in an extremely competitive market and we continue to pursue high quality CRO recruitment and acquisition opportunities.”

Swiss Exchange-listed EFG International is headquartered in Zurich and owns a group of private banks that currently operate in 40 locations in 26 countries.

As of June 30 2006, EFG International had assets under management of approximately SFr53.8 billion and assets under administration of approximately SFr6.7 billion.

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