KBL epb appoints ex-Lyxor CEO for top wealth management role

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Luxembourg-headquartered investment group KBL European Private Bankers (KBL epb) has appointed Bruno Lèbre (pictured) as group chief of wealth management solutions, effective July 2017.

In his new role, Lèbre will oversee the enhancement and expansion of the group’s full service offering.

His appointment is subject to regulatory approval.

Lèbre was previously a member of the executive committee at Société Générale Private Banking. He most recently served as global head of Compliance for the private bank and also held positions of global head of Wealth Management Solutions and global head of Investment Solutions for the same business unit.

Prior to that, he has been CEO of Société Générale Corporate & Investment Banking in Switzerland, as well as chairman and CEO of Lyxor Asset Management.

In addition, KBL epb has appointed Carlo Friob, who is currently group chief commercial officer and member of the group executive committee, will assume the role of CEO, Luxembourg, focusing on the development of KBL epb’s business in the country.

Friob will also serve as chairman of the Luxembourg management committee.

“At this transformational moment for our group, Bruno Lèbre will play a key transversal role, ensuring that we offer truly best-in-class products and services to every client across our footprint,” said Yves Stein, Group CEO, KBL epb.

“Over the past three years, Carlo (Friob) has strengthened our private banking operations across Europe, providing strategic direction to our affiliates, and ensuring their individual growth and collective contribution to our shared success.

“He will now focus his business acumen and leadership skills on our business here in the Grand Duchy,” Stein added.