KBL European Private Bankers (KBL epb), the parent of Brown Shipley, has named Bill Street as its new group CIO, replacing Stefan Van Geyt.

Street joins from State Street Global Advisors, where he was the CIO for EMEA operations.

He worked for more than 10 years at State Street Global Advisors, where he managed over €500bn in assets.

In his 25-year long financial career, he also had stints at UniCredit, Bankgesellschaft Berlin, Commerzbank, Banque Indosuez as well as J.P. Morgan.

Geyt, who has been working at KBL epb since 2013, will now serve as the group head of investment products and services at the firm.

Previously, he was the director of investments for Belgium at BNP Paribas Fortis.

In the new role, Geyt will manage asset management and servicing, structured products, alternative investments, lending origination along with wealth planning and structuring.

KBL epb group CEO and member of the board of directors Jürg Zeltner said: “As Group CIO, Bill will spearhead our global asset allocation strategy, working closely with our network of investment specialists to deliver to our clients the advice they require and the performance they seek.

“Together with Stefan – who will ensure that we offer products and services that are right for the individuals and families we have the opportunity to serve, reflecting our open-architecture approach – we will raise our profile as a leading wealth manager and investor, which incorporates environmental, social and governance factors in our investment decision-making.”