Swiss private banking group Julius Baer has formed a new front unit for its business with intermediaries and global custody clients.
The bank has also appointed its executive board member Philipp Rickenbacher as its head of intermediaries and global custody.
In the new role, Rickenbacher will be responsible for developing a customised offering to meet the needs of the bank’s external wealth manager clients.
Rickenbacher currently serves as the bank’s head of advisory solutions. He will be replaced in this role by Nicolas de Skowronski on 1 January 2019, the same date when Rickenbacher will assume the new responsibility.
Rickenbacher joined the private bank in 2004, and has previously managed the structured products area.
Skowronski, who joined the bank in 2005, will now also become an executive board member.
At Julius Baer, he has held various other roles such as head of investment advisory and chief of staff, head of advisory operations and development, and deputy head of advisory solutions.