Swiss wealth and asset manager REYL & Cie has named Florence Anglès as new head of risk management.

In her new role, Anglès will report directly to the Group Executive Committee under the management of François Reyl.

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Anglès will responsible for coordinating and expanding the range of measures implemented to identify, prevent and manage risks at Group level.

In addition, her responsibilities will include all of the bank’s business lines and all subsidiaries.

Prior to joining REYL & Cie, she worked with Deloitte Suisse as deputy director of risk management. Anglès has also set up rating model validation unit, in compliance with FINMA requirements, at Banque Cantonale Vaudoise.

Previously, she also piloted a number of projects for major international banks responding to regulatory changes such as Basel II and Solvency II and started her career in Paris and participating in a Basel II project for a major French bank.

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REYL & Cie Group COO and member of the executive committee Dominique Paladini, said: "Given the complexity of our businesses, Florence Anglès’ expertise will give a decisive boost to our efforts in this domain. Her experience will add greater depth and structure to the role of risk management at the Group level."