Investing.com | Editor Ambhini Aishwarya
Published Oct 09, 2023 06:12AM ET
In a significant reshuffling of its top management, Julius Baer Group (OTC:JBAXY) Ltd. has brought on board two executives from UBS Group AG (SIX:UBSG), with the move taking place on Monday. The Swiss bank is positioning its COO, Nic Dreckmann, as a potential successor to CEO Philipp Rickenbacher, with Dreckmann set to become deputy CEO next year.
The management changes also include Thomas Frauenlob taking over the leadership of intermediaries and family offices, while Sonia Goessi will be responsible for Switzerland and Europe following the departure of Yves Robert-Charrue. Robert-Charrue was previously considered as a potential CEO candidate but lost out to Rickenbacher in 2019.
This reshuffle is part of Julius Baer’s strategy to…
