Julius Baer (BAER (SWX)) has announced the appointment of Stefan Bollinger as its new CEO, effective February 1, 2025, following an extensive search by the Board of Directors. Nic Dreckmann, who has been serving as the interim CEO, will step down upon Bollinger’s arrival.
Stefan Bollinger shared his eagerness to join Julius Baer, expressing his commitment to leveraging the bank’s strengths to foster client-centricity, risk management excellence, and sustainable growth.
Currently co-head of Private Wealth Management for Europe, Middle East, and Africa (PWM EMEA) at Goldman Sachs in London, Bollinger also serves on the European Management Committee and the Global Wealth Management Operating Group. Over the past five years, he has significantly increased the assets under management for PWM EMEA.
With a career spanning three decades in financial markets, Bollinger has held diverse roles in trading, structuring, sales, treasury, and wealth management across cities, including Hong Kong, London, Luxembourg, New York, and Zurich. He joined Goldman Sachs in 2004 and became a Partner 14 years ago, having previously worked at J.P. Morgan in London and starting his career at Zürcher Kantonalbank.
Romeo Lacher, Chairman of Julius Baer, expressed enthusiasm for Bollinger’s appointment, highlighting his impressive track record in global banking and wealth management. Lacher noted Bollinger’s pivotal role in expanding Goldman Sachs’ presence in various regions and praised his expertise in wealth management and capital markets. He emphasized Bollinger’s comprehensive understanding of risk, products, and client-centric business development, which he believes will fortify Julius Baer’s position as a leading private bank and drive sustainable growth. Lacher also thanked Dreckmann for his exceptional leadership during a challenging period and announced that Dreckmann will remain on the Executive Board following the transition, ensuring continuity and a smooth handover.
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