Swiss private banking group Julius Baer has appointed Luigi Vignola as the global head of structured products, replacing Philipp Rickenbacher who has now been appointed as the bank’s head of advisory solutions and member of the executive board.
Vignola, currently leading markets and advisory solutions Asia, will assume the new role on 1 February 2017.
He will be based in Singapore during the first few months in the new role, and will oversee the integration of the structured products Asia offering into the global structured products organisation. He will later move to Switzerland in the middle of 2017.
He will report to Julius Baer head of markets and executive board member Peter Gerlach.
Vignola joined Julius Baer in the role of head of tailored solutions group in structured products in 2009. In 2012, he was named as head of markets Asia, with responsibility for developing the trading, execution and advisory platforms, and since November 2014 has additionally taken charge of markets and advisory solutions Asia.
Gerlach said: “I am confident that with his broad expertise and international network, Luigi will positively shape the future development of Structured Products for the Bank.
“Our Structured Products platform with its capacity to deliver tailored solutions and its innovative distribution infrastructure in the form of the Derivative Toolbox is very well positioned in the market.”
Rickenbacher headed the bank’s structured products unit for about seven years.