UK multi family office makes double hire for Swiss branch

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UK multi family office makes double hire for Swiss branch

London-headquartered family office Stonehage Fleming has appointed Florin Hug (pictured) and Andreas Pankow as senior business directors of its Swiss subsidiary located in Zurich.

The pair has been hired in the aim of further strengthening Stonehage Fleming’s business in continental Europe and promoting the group’s capabilities to international clients.

They will report to Andreas Knecht and Mark McMullen.

Formerly, both Hug and Pankow worked at UBS as executive directors for ultra-high net worth clients.

Commenting on the appointments, Mark McMullen CEO of Stonehage Fleming Family Office, said: “Florin and Andreas both have impressive backgrounds in supporting ultra-high net worth clients in both the Swiss and German markets and their experience is well suited to our distinctive integrated family office approach. Both roles are newly created and we look forward to seeing them develop our organisation further.”

Andreas Knecht, CEO – Swiss Investment Management – at Stonehage Fleming, added: “Switzerland is an important market for Stonehage Fleming and we are sure that Florin and Andreas will enable us to expand our presence here. Both will work closely with our international offices.”

Stonehage Fleming’s assets under administration and management stood at over £35bn (€41.6bn) as of end-December 2016.

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