The Edmond de Rothschild group has tapped Vontobel to hire Lars Kalbreier as the global CIO of Private Banking.
Kalbreier joins from Vontobel Wealth Management, where he worked as the CIO.
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Kalbreier will assume the new responsibility on 1 October 2020, with the responsibility to manage all asset management operations including discretionary management and investment advisory for the private bank.
He will also be tasked with implementing the asset allocation strategy and developing investment solutions for private clients.
“I am convinced in the relevance of Edmond de Rothschild’s offer, which combines innovative investment solutions and strong expertise in the management of real assets, thereby enabling it to best meet the needs of private banking clients,” Kalbreier said.
He will operate out of Switzerland and be a member of the asset management and private banking executive committees.
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By GlobalDataIn the new role, he will report to the head of asset management, Christophe Caspar.
Commenting on Kalbreier, Caspar noted: “We are counting on his expertise in private banking and asset management to provide our clients with strong added value in the management of their portfolios.
“His long experience at major international financial institutions and on multicultural management teams represents an additional advantage in an industry that is undergoing a deep transformation.”
