Julius Baer has announced that Barend Fruithof will become the new region head Switzerland and will join the executive board of the bank as from 1 October 2015.
He succeeds Giovanni Flury, who will switch to the executive board of Julius Baer Group as of 1 January 2016.
In addition, Fruithof will be responsible for Julius Baer’s global custody business.
Fruithof joins from Credit Suisse where he has been head of Corporate Clients from 2008 and member of the private banking & wealth management committee from 2011.
Prior to this, he was CFO and member of the executive board of the Raiffeisen Group during five years.
He also spent eight years at Zürcher Kantonalbank as of 1992.
In his new role, Flury will be involved in various strategic projects.
Morever, he will still serve as a member of the board of directors of Milan-based Kairos Investment Management, the strategic partnership in which Julius Baer currently holds a 19.9% stake.