Banque Internationale à Luxembourg (BIL) has hired Hans-Peter Borgh as new head of wealth management in a move to develop its private banking activities in Luxembourg, replacing Adrian Leuenberger.
Borgh, who will take over his new role on 5 November 2015, will also join BIL’s management board, subject to regulatory approval.
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In his new role, Hans-Peter Borgh will be responsible for developing BIL’s private banking activities in Luxembourg and in the selected number of target markets defined as part of the BIL2020 strategy.
He joined BIL from ABN AMRO, where he worked as chief commercial officer for Private Banking Asia & Middle East. He has also held different roles in retail and private banking in Europe mainly, including Switzerland since joining ABN AMRO in 1997.
Prior to this, he worked was regional head affluent banking Asia Pacific at ANZ.
BIL CEO Hugues Delcourt said: "Adrian has laid a very good foundation on which to grow further our wealth management activities. I am pleased to welcome Hans-Peter and am convinced that he is the right person, and that his strong qualifications and background will enable him to lead our private banking activities, meet the challenges and accelerate growth."
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