Market view and Insights
LGT Bank Switzerland is adjusting its governance structure and making changes to its Executive Board. Bruno Piller will assume overall responsibility for Private Banking, the Board of Directors has appointed Anna de Veer to the Executive Board as Chief Risk Officer.
Rémy de Bruyn has been a member of the Executive Board of LGT Bank Switzerland for thirteen years and, as Head Private Banking International, has been responsible for the business of LGT Bank Switzerland in the Central and Eastern Europe, Southern Europe, Latin America and Middle East regions. In mid-2022, he will step down from his operational responsibilities, but will remain available to the bank in an advisory capacity. "Rémy de Bruyn has played a key role in the successful development and expansion of LGT Bank Switzerland since 2008. We are very pleased that he will continue to support us in strategic matters with his wealth of private banking experience. His excellent network and entrepreneurial spirit are extremely valuable to us," says Heinrich Henckel, CEO of LGT Bank Switzerland.
Florian Dürselen, Head Private Banking Europe at LGT Bank Switzerland, will also take on a new position. Subject to approval from the Liechtenstein supervisory authorities, he will assume the role of Head Private Banking of LGT Bank Ltd. in Liechtenstein and join the Executive Board of LGT Bank, effective in the second quarter of 2022. Before moving to Switzerland, he had been a member of the Executive Board in Liechtenstein from 2010 to 2013. "Florian Dürselen has been responsible for the European market as a member of the Executive Board since 2013 and, in this role, has made an important contribution to aligning LGT Bank Switzerland with the changed framework conditions in the European markets and in optimally positioning the bank," says Heinrich Henckel. In addition to his responsibilities as Head Private Banking at LGT Bank in Liechtenstein, he will focus in particular on international growth projects, which will be managed out of the EEA in the future. With his international experience, Florian Dürselen is predestined to further expand the core markets Liechtenstein, Switzerland, Germany and Austria and to further develop the European business out of Liechtenstein.
"I would like to thank Rémy de Bruyn and Florian Dürselen for their excellent work and the strong commitment with which they have successfully further developed LGT Bank Switzerland. I wish them all the best for their future roles," says Heinrich Henckel.
Starting from the second quarter of next year, Bruno Piller will assume responsibility for the entire Private Banking business of LGT Bank Switzerland. Bruno Piller is a federally certified banking expert and a graduate of the Swiss Banking School and has continued his education at Insead in Fontainebleau and Singapore. He has been with LGT Bank Switzerland since its foundation in 2004, initially as Head of the Berne/Mittelland region and since 2014 as a member of the Executive Board and Head Private Banking Switzerland Onshore. "As an experienced banking expert, Bruno Piller knows the client business of LGT Bank Switzerland very well. He has made an important contribution to the successful development of the private client business over the years. We are convinced that with his experience, he will further strengthen our private banking business in Switzerland and abroad,"says Heinrich Henckel.
In a further change, the Board of Directors has appointed Anna de Veer to the Executive Board of LGT Bank Switzerland. Anna de Veer joined LGT Bank Switzerland in November 2019 and has been responsible for Compliance at the bank since January 2020. She has extensive experience in private banking – prior to joining LGT, she held various management roles in compliance and risk at a major Swiss bank for over twelve years. "We are very pleased that Anna de Veer is joining the Executive Board. In her career to date, she has built up comprehensive expertise in risk and compliance, in an area that has become increasingly important in recent years, which she will bring to the Executive Board," says Heinrich Henckel.
Subject to approval from the Swiss supervisory authorities, in the second quarter of 2022, the Executive Board of LGT Bank Switzerland will thus comprise Heinrich Henckel as CEO, Bruno Piller as Head Private Banking, Wolfgang Tracht as Chief Operating Officer (COO) and Anna de Veer as Chief Risk Officer (CRO).