In taking up this position, he will also become chairman of the executive board of VPB Finance SA, Luxembourg, the Liechtenstein-headquartered firm said in a statement late in December.

As of the beginning of 2015, von Kymmel will be based at the group’s Luxembourg location, where he will assume group-wide responsibility for the fund business and report directly to Christoph Mauchle, a member of the group executive management of VP Bank Group. He will also head the VP fund solutions competence centre.

Von Kymmel has occupied various positions at Credit Suisse in Luxembourg and Zurich since 2001, and was most recently its head of sales and fund solutions as well as a member of the board of directors at various investment companies.