Berenberg has appointed Stefan Keitel as CIO to strengthen its private banking and asset management activities.
Keitel was working with Credit Suisse and will join Berenberg from September, 2013. He will take responsibility as bank-wide CIO and head of private asset management.
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Dr Hans-Walter Peters, spokesman for the managing partners of Berenberg, said: "Over the recent years, we have built one of the biggest and most respected equity analyst teams in Europe, a highly valued group of economists headed by Dr Holger Schmieding, set up one of the most innovative quantitative asset management units and received numerous outstanding awards for our customer advisory offerings.
"With Stefan Keitel, we are adding yet another internationally renowned and highly respected expert to Berenberg. The move will help us press ahead with our strategy for success going forward, also on an international level."
Tindaro Siragusano, head of private banking and asset management, said: "With his huge experience, profound capital market expertise and strong management skills, he will help take our asset management activities to the next level for our clients and their investment goals."
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