Julius Baer Group Ltd. nominates Heinrich Baumann for election to the Board of Directors
WED 2010 08 SEP 07:00:AM (GMT: WED 2010 08 SEP 05:00:AM)
HUGIN
Julius Baer Group Ltd.
Julius Baer Group Ltd. / Julius Baer Group Ltd. nominates Heinrich Baumann for election to the Board of Directors processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
Zurich, 8 September 2010 --- The Board of Directors of Julius Baer Group Ltd.
will propose Heinrich Baumann, former CEO of HSBC Guyerzeller Bank Ltd., for
election as a new member of the Board at the next Annual General Meeting on 7
April 2011.
Heinrich Baumann has gained extensive financial expertise during his career of
more than thirty years, working in various key functions in the wealth
management and financial industries in Switzerland, North America and Asia. From
1999 until March 2009, he was a member of the Executive Committee of HSBC
Guyerzeller Bank Ltd., first acting as COO and later as CEO. Previously, he
spent over twenty years at UBS. Today he runs an independent consultancy. He
holds a PhD in Business Administration from the Swiss Federal Institute of
Technology (ETH Zurich).
"I am very pleased with Heinrich Baumann''s nomination. With his long-standing
experience and vast knowledge of private banking and the international markets
he will further strengthen the broad financial expertise of the Board," comments
Raymond J. Baer, Chairman of the Board.
Contact
Media Relations Tel. +41 (0)58 888 8888
Investor Relations Tel. +41 (0)58 888 5256
About Julius Baer
The Julius Baer Group is the leading Swiss private banking group, with an
exclusive focus on servicing and advising private clients. Julius Baer''s total
client assets amounted to CHF 255 billion at the end of June 2010, with assets
under management accounting for CHF 166 billion. Bank Julius Baer & Co. Ltd.,
the renowned Swiss private bank with origins dating bank to 1890, is the
principal operating company of Julius Baer Group Ltd., whose shares are listed
on the SIX Swiss Exchange (ticker symbol: BAER) and form part of the Swiss
Market Index (SMI) of the 20 largest and most liquid Swiss stocks.
Julius Baer employs a staff of over 3 500 in more than 20 countries and some 40
locations, including Zurich (head office), Dubai, Frankfurt, Geneva, Hong Kong,
London, Lugano, Milan, Monaco, Montevideo, Moscow and Singapore.
For more information visit our website at www.juliusbaer.com
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Julius Baer Group Ltd.
Bahnhofstrasse 36; P.O. Box Zurich Switzerland
ISIN: CH0102484968;
Picture Heinrich Baumann:
http://hugin.info/100120/R/1442982/387238.JPG
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Source: Julius Baer Group Ltd. via Thomson Reuters ONE