Swiss private lender Bank J. Safra Sarasin has named Karsten Junius as new chief economist, effective 1 April 2014.
In his new role, Junius will be responsible to lead the economic research team at the Swiss private bank.
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Junius will be replacing Jan Poser, who will focus completely on his current role as head asset management at Bank J. Safra Sarasin.
Junius has joined Bank J. Safra Sarasin from the International Monetary Fund where he served as a principal economist. Prior to this, he also served as head of capital markets and real estate research at DekaBank and as economist at Metzler Asset Management GmbH.
Previously, Junius also served as economist at the Kiel Institute of World Economics in Germany.
Philipp E Bärtschi, CIO private clients, said: "With his long-standing expertise in both developed and emerging markets he will bring new ideas and insights to the research department which will be very valuable for our clients."
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By GlobalDataPoser said: "With his pointed and non-consensus views he will add great value to our investment process and the profile of Bank J Safra Sarasin in the financial markets."
