Swiss bank CEO steps down

Swiss bank CEO steps down

Eric Syz, CEO and co-founder of SYZ Group, has announced he is stepping down from his role as CEO of Banque SYZ to oversee strategic vision for the Group.

Yvan Gaillard will succeed him as CEO of Banque SYZ. Nicolas Syz will replace Silvan Wyss as head of Private Banking and joins the bank's Executive Committee.

"I firmly believe these significant changes within the group and Banque SYZ will enable us to serve our clients even better and ensure the continuity of our independent, family-owned business," said Eric Syz, CEO of SYZ Group.

Eric Syz has decided to devote all his time to his role as CEO of the group, to focus primarily on its strategic direction and developing its client base. At his proposal, board of directors appointed Gaillard to succeed him as CEO of Banque SYZ.

As the new CEO of the bank, Gaillard will continue to sit on the group's executive committee. Having joined SYZ Group in 2016 as chief operating officer, Gaillard has been deputy CEO of SYZ Group since 2018, in preparation for taking on the role of CEO at Banque SYZ. Before joining SYZ, he worked at Banque Pictet & Cie for 18 years, occupying various managerial positions.

Nicolas Syz has been appointed as head of Private Banking. He joins the executive committee of Banque SYZ and will replace his predecessor, Silvan Wyss, who leaves the SYZ Group by mutual agreement. Syz joined the Group in 2017 as head of Business Development for SYZ Private Banking, where he implemented major developments in the structure of the service offering to private banking clients. Previously, he worked for UBS in Zurich and Firmenich in Paris and London.