The president of Julius Bär, Romeo Lacher, announced his intention not to re -present himself during the annual general meeting of 2025. The name of his successor should be communicated in March. Romeo Lecher also leaves his duties at the BNS.
‘Under its supervision, the board of directors acted decisively to deal with the losses on credit which occurred in 2023 and to appoint a new managing director’, underlines the vice-president Richard Vampbell-Breeden, quoted in the press release released on Monday .
Romeo Lacher explains that he seized the opportunity to appoint Stefan Bollinger to the post of Managing Director to announce his decision. Switzerland Stefan Bollinger, former partner of the American bank Goldman Sachs, was appointed last July Director General of the Zurich Bank. He took office on January 9, 2025. The market awaits any changes that the new manager intends to bring to relaunch the Zurich bank after the losses suffered in the Signal case.
The Board of Directors of Julius Bär has already launched in search of external candidates to succeed Romeo Lacher. The process is almost finished. The election proposal for the chairmanship of the board of directors should be communicated in March 2025, at the same time as the invitation to the annual general meeting which will take place on April 10, 2025.
-In addition, Romeo Lacher has also decided to leave the Banque Banque de la Banque Nationale Switzerland (BNS), of which he is the vice-president. His departure is aged on April 25, 2025, the date of the general assembly of the BNS.
/ATS
