The Julius Baer Group announced significant changes to its Board of Directors, with Vice Chairman Richard Campbell-Breeden deciding not to seek re-election at the next Annual General Meeting in 2026. He will be succeeded as Vice Chairman by current Board Director Juerg Hunziker, subject to shareholder re-election. Chairman Sir Noel Quinn expressed gratitude for Campbell-Breeden's eight years of service, particularly highlighting his leadership in recruiting a new CEO and Chairman and ensuring a smooth transition.
Quinn stated that Hunziker's appointment ensures the Board maintains permanent senior representation within Switzerland, a critical growth market where Julius Baer is headquartered. Hunziker brings 40 years of technology and financial services knowledge from international and Swiss perspectives, along with experience as a CEO building customer-focused organizations. His leadership is expected to support the bank's strategic positioning in its home market.
In a separate appointment, Urban Angehrn has agreed to join the Board as an independent non-executive director from the 2026 AGM, pending shareholder approval. Angehrn brings over 30 years of Swiss financial services experience, including serving as CEO of the Swiss Financial Market Supervisory Authority (FINMA) and previously as a member of the Executive Committee and Group Chief Investment Officer of Zurich Insurance Group.
Quinn emphasized that Angehrn's extensive experience in investment management, risk management within complex organizations, and understanding of global financial markets, regulation, and corporate governance will strengthen the Board's oversight. This appointment reinforces the Board's expertise in financial services within Switzerland, complementing the existing leadership structure.
The changes come as Julius Baer continues to position itself as a leading independent Swiss wealth management group, with assets under management reaching CHF 521 billion at the end of 2025. The Board transitions reflect strategic planning for governance continuity and enhanced oversight capabilities. Further details regarding Board and committee composition will be provided in the AGM circular scheduled for publication in March.
These leadership changes signal Julius Baer's commitment to maintaining strong governance structures while adapting to evolving market demands. The appointments of Hunziker and Angehrn bring complementary expertise in Swiss market operations, technology, and regulatory oversight, potentially enhancing the bank's ability to navigate complex financial landscapes. For more information about Julius Baer, visit https://www.juliusbaer.com. The original announcement can be viewed at https://www.newmediawire.com.
