The Swiss subsidiary of the Chinese-controlled Luxembourg private bank BIL is renewing its top ranks as it bolsters its teams advising the wealthy in emerging markets.
The Swiss-based wealth manager is appointing Fabian Kaeslin as its operating chief in addition to his duties overseeing finance, finews.asia has learned. Kaeslin, who joined BIL Suisse last April and was previously an adviser to majority shareholder Legend Holdings, is an ex-Julius Baer private banking executive.
BIL Suisse also hired Hiroo Hagiwara and Nabil Safa to reinforce its Middle East desk. Hagiwara previously led the Middle East desk at 1875 Finance, while Safa was a senior private banker with First Abu Dhabi Bank.
The bank is also hiring Anna Badura and Natalia Guryanova for its Eastern European and Russia desks. Badura was most recently a senior client adviser at Basle's J. Safra Sarasin while Guryanova was a relationship manager at Geneva's Union Bancaire Privée.