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June 13, 2019

Julius Baer appoints new UK wealth planning head

Julius Baer has named Jamie Banks as the new head of wealth planning in the UK, replacing Alan Hooks.

Banks joined the firm four years ago.

He previously worked at Deutsche Bank, where he led UK wealth planning.

Meanwhile, Hooks will now serve as the head of London at the bank, with responsibility for managing private bankers based in the city.

Hooks joined the firm in 2013.

In the new role, he will work alongside head of UK regions Calum Brewster.

Earlier, Hooks worked at Bank of America Merrill Lynch.

Julius Baer has made several leadership changes lately.

Last month, the private bank appointed Luigi Vignola as the head of its markets division,

This April, the bank named Fabio Bariletti as the CEO of its Italian asset management unit Kairos.

Earlier this year, Raymond Li was appointed as the group head of Greater China while Romeo Lacher was appointed as the chairman.

The bank recently also named Regis Burger as the head of its Middle East operations (including Levant) and Alain Ucari as the head of Africa and Turkey businesses.

As at 30 April 2019, Julius Baer’s assets under management totalled CHF427bn.

The bank’s BIS total capital ratio at the end of April 2019 was 19.2% while its BIS CET1 capital ratio was 13.1%.

 

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