Swiss wealth manager Julius Baer names Goldman Sachs exec Stefan Bollinger as new CEO
Julius Baer, a wealth manager based in Switzerland, has appointed Goldman Sachs exec Stefan Bollinger as its new CEO, starting “no later than 1 February 2025”.
Bollinger will be taking the reins from interim CEO Nic Dreckmann, who has held the position since February this year.
Commenting on the company’s new appointment, Romeo Lacher, chairman of Julius Baer, states that “under Stefan’s leadership, we will future-proof Julius Baer as the leading pure-play private bank, and create the best conditions for sustainable growth”.
Bollinger brings over 30 years of experience in financial markets, spanning roles in wealth management, treasury, trading, structuring and sales.
The new CEO has spent the past 19 years working at Goldman Sachs, during which time it’s said he proved “instrumental” in expanding the presence of the investment bank in Asia, Europe, the Middle East and Africa (EMEA).
During his tenure at Goldman Sachs, Bollinger advanced through several leadership roles, including co-head of EMEA equities sales, global head of the private investor products group, and ultimately co-head of private wealth management for the EMEA region.
Founded in 1890, Julius Baer operates in over 60 global locations and reported CHF 471 billion ($528 billion) in assets under management as of April 2024.