A market head at Julius Baer in Singapore has resigned. The bank will relocate a senior banker from Dubai to fill the role.
By Shruti Advani, Guest Contributor finews.asia
Singapore-based Parminder Soin, market head Indian subcontinent and non-resident Indian business (ISC & NRI) and managing director, has resigned from the Swiss bank. Soin joined Julius Baer in April 2015 from UBS in Singapore.
Soin will be replaced by Michael Baechli who will move from Dubai to Singapore to take up the role. A Julius Baer spokeswoman confirmed the moves to finews.asia.
Baechli joined Julius Baer in 2006. He is currently the group head for Dubai ISC & NRI, and will in his new role continue to report to Rolf Schaerer, sub-region head ISC & NRI.
Regional Shuffle
Earlier this month the Zurich-based bank named a new finance chief in Asia, as finews.asia reported exclusively. The move is part of a shuffle of several top executives in the region.
Cédric Heri, currently chief of staff for the Zurich-based bank and a veteran of ex-boss Boris Collardi's CEO office, will take up his new Asian role in October.
