Bank J. Safra Sarasin has hired Raphael Alder from Credit Suisse to serve as its new head of private banking for domestic clients in Zurich.
Alder has spent 15 years working with private banking clients in the region. He held several management roles at Credit Suisse.
“Bank J. Safra Sarasin offers through its family ownership a long term business approach. Furthermore, the Bank is a global pioneer and market leader in the area of sustainable investments. The Bank’s clients also benefit from its stability and capital strength. We are delighted to join this exceptional private bank and we look forward to offering first-class services to our clients,” Alder said.
At Bank J. Safra Sarasin, Alder will oversee expansion of private banking operations for domestic clients. He will be assisted in this role by a team of senior private banking client advisers.
In the new role, Alder will report to private banking head for domestic clients in Switzerland Yves Sarasin.
“We are pleased that Mr. Alder and his team will be joining our Zurich branch as part of this overall strategy. Their dynamism, expertise and experience will contribute to the Bank’s continued success and growth. Bank J. Safra Sarasin is dedicated to serving existing and future clients, in this strategically important region, with a consistently high level of quality,” Sarasin noted.