Swiss Bank's Investment Chief Moves To Saudi SWF - Media

Tom Burroughes

15 February 2017

The asset allocation chief of a boutique Swiss private bank, Cyrille Urfer, has been hired to oversee investments in equities and fixed income for Saudi Arabia's sovereign wealth fund, the , a role he held for almost five years, according to his LinkedIn profile. He has experience working in Middle Eastern SWFs; from July 2008 to August 2011, he was chief investment officer for equities and fixed income at the Abu Dhabi Investment Council.

Among other roles, he was head of private asset management at Lombard Odier, in Geneva, holding that role from 2001 to June 2008. He has also worked at Credit Suisse.

Saudi's PIF is estimated to oversee around $200 billion in assets, the WSJ report said, adding that Gonet and PIF did not comment on the move.