De Skowronski, who joined the bank after its 2005 acquisition of private bank Ferrier Lullin, will also be elevated to top management. Julius Baer said Nicolas de Skowronski (pictured below) will take Rickenbacher's spot in the advisory role. The 18-year Julius Baer veteran – he is currently head of advisory solutions – will be tasked with articulating a consistent strategy and tailored offering on the needs of the private bank's external wealth manager clients. The Zurich-based private bank is carving out its intermediary and custody arm into a separate unit, it said in a statement on Monday. Julius Baer is naming Philipp Rickenbacher as head of the new unit from next year. It is the second such revamp for the Swiss bank in three years. ![]() ![]() Julius Baer is revamping its business with intermediary and custody clients.
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