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There was another management change at Bank Julius Baer. Gilles Stuck, head of the Swiss market, has resigned from his position, a spokesman for the Zurich private bank confirmed on Tuesday.
Stuck will reorient himself professionally outside Julius Baer, the spokesman told the AWP news agency. Export is out of the question.
However: Stuck, who previously worked at Credit Suisse, joined Julius Baer in 2018 as Head of Structured Finance. According to “Bilanz”, at that time he already knew the Austrian real estate entrepreneur René Benko (46). Stuck then arranged the financing for Benko to take over Globus and Selfridges. It is not entirely clear whether he, who has since been promoted to head of Switzerland, was also actively involved in granting bad loans worth 606 million francs to Benko’s Signa Group.
A woman is taking over for now
Sonia Gössi (53), President of Julius Baer’s Switzerland and Europe Region, will now take over her duties on an interim basis. Stuck became head of the entire Swiss market in November 2021.
At the beginning of February, previous CEO Philipp Rickenbacher (52) resigned from his post and board member David Nicol (68) also resigned. (SDA/rae)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
