Julius Baer has hired senior relationship managers Jonathan A. Conner and Thomas E.M. Kloss to support business growth and regional expansion for the Middle East and Africa.

Both will join the bank in Geneva and report to Yvan Wicht, group head Middle East and Africa in Geneva.

Related Company Profiles

View all

Conner brings more than 25 years of financial services experience. Before joining Julius Baer, he worked at JPMorgan providing wealth management services to UHNW individuals and families from the Middle East. At the firm, he held several senior roles including Middle East market manager.

Kloss joins Julius Baer from HSBC Private Bank where he was responsible for managing client relationships across the Middle East. In addition, he worked at HSBC for more than a decade.

Wicht said: “I am very pleased to welcome two seasoned professionals to the Julius Baer family. We already have well established teams in Geneva, and I am confident that the proven track records, experience and networks of Jonathan and Thomas will add great value to our business.”

Régis Burger, Global Head Middle East & Africa at Julius Baer, adds: “We have successfully expanded our Middle East franchise during the past decades. Jonathan and Thomas are highly experienced Relationship Managers and therefore perfectly equipped to support our further development out of Geneva, an important location for Julius Baer. I am very much looking forward to working with them and confident that they will be able to support our growth strategy.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Swiss wealth manager Julius Baer has reported a fall in profit in the first half of 2022, which it described as “one of the worst six-month periods for capital markets in decades”.

The bank’s net income dropped 26% to $468m (CHF450m). Net profit attributable to shareholders also dropped by 26% to CHF451m or earnings per share by 24% to CHF 2.15.

Operating income was down 6.0% to CHF 1.97bn in the six months to June 2022.

The assets under management (AUM) also declined by 11% to CHF428bn in the first six months of the year.

Adjusted pre-tax profit fell 27% to CHF542m and the adjusted pre-tax margin dropped by 9 to 24 basis points.