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REYL Group has appointed Christian Bauer as the new head of its Zurich branch, which the company claims to be ‘a fast-growing profitable contributor’ to the group since its establishment in 2011.

Bauer, who has over 24 years of experience in the banking space, will oversee the development of the Zurich branch in the wealth management area.

He will be responsible to promote all of the bank’s business lines as part of REYL’s 360 services offering strategy.

REYL Zurich caters to HNW clients residing in Switzerland, Europe, the Middle East, and Asia, with plans for expansion into its core growth markets.

The unit is said to have significantly contributed to REYL’s double-digit growth in assets under management (AUM) in each of the past ten years.

REYL partner and head of wealth management Lorenzo Torrepadula remarked that the Zurich branch a solid financial performer and a positive contributor to the culture of the entire REYL Group.

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Commenting on the appointment, he added: “Christian Bauer’s extensive experience and excellent track-record make him particularly well suited to lead the Zurich branch and to take it to a new level. We look forward to continuing to build our team and presence as well as to capitalise on our strong momentum in this great city.”

Bauer started his career in 1997 at Credit Suisse. He also worked for ABN AMRO Private Banking from 2006 and joined UBP in 2011 before becoming part of REYL in Zurich six years ago.

Speaking about his appointment, Bauer said: “I am delighted to take on this new opportunity and have an increased impact within our great team. The collective efforts of our colleagues in all of our locations enable us to provide our clients with comprehensive support and create customised solutions from A to Z.”

In January this year, REYL renewed its partnership with Swiss Paralympic leading up to the 2021 Tokyo Games