Julius Baer Appoints Stefan Bollinger as New Chief Executive Officer

Julius Baer, a leading pure-play private bank, has announced the appointment of Stefan Bollinger as its new Chief Executive Officer, succeeding Nic Dreckmann who will continue to lead the Group until Bollinger's arrival in February 2025. Bollinger, a Swiss citizen, brings over three decades of experience in financial markets, including various roles at Goldman Sachs, J.P. Morgan, and Zurcher Kantonalbank. He has been instrumental in expanding the presence of Goldman Sachs in Asia, Europe, the Middle East, and Africa, and has led and built outstanding businesses in wealth management and capital markets.

Key Takeaways:

  • Stefan Bollinger, a Swiss citizen, has been appointed as the new Chief Executive Officer of Julius Baer, effective no later than 1 February 2025.
  • Bollinger has over three decades of experience in financial markets, including various roles at Goldman Sachs, J.P. Morgan, and Zurcher Kantonalbank.
  • Under his leadership, the PWM Europe, Middle East and Africa business at Goldman Sachs more than doubled assets under management over the past five years.
  • Bollinger has a unique combination of leadership, client, and people skills with strong technical knowhow and functional expertise in wealth management and capital markets.
  • His priorities at Julius Baer will include creating value for clients and shareholders, strengthening risk management, and fostering a culture of excellence.
  • Nic Dreckmann, acting CEO of Julius Baer, will continue to lead the Group until Bollinger's arrival and ensure a seamless handover.
  • Bollinger is a Partner at Goldman Sachs and has been Co-Head Private Wealth Management Europe, Middle East and Africa since 2019.
  • He is a member of the European Management Committee and the Goldman Sachs AG Board of Directors.

Statistics:

  • Over three decades of experience in financial markets.
  • 14 years of partnership at Goldman Sachs.
  • 5 years of experience as Co-Head Private Wealth Management Europe, Middle East and Africa at Goldman Sachs.
  • Assets under management at PWM Europe, Middle East and Africa more than doubled under Bollinger's leadership over the past 5 years.
  • Global presence of Goldman Sachs expanded under Bollinger's leadership in Asia, Europe, the Middle East, and Africa.

Sources:

  • Julius Baer Group AG company announcement.
  • Goldman Sachs Securities Services.
  • J.P. Morgan Careers.
  • Zurcher Kantonalbank.
  • London School of Architecture.
  • AllChild charity.
  • Royal Academy of Arts in London.
  • Winterthur Business School.