After an “exhaustive” search, Julius Baer has announced that the Board of Directors has appointed Stefan Bollinger as the new CEO. According to the announcement, Bollinger will begin his new role at Julius Baer on February 1, 2025.
Stefan Bollinger is currently co-head of Private Wealth Management for Europe, Middle East, and Africa (PWM EMEA) at Goldman Sachs in London. He is also a member of the European Management Committee and the Global Wealth Management Operating Group. Under his leadership over the past five years, the PWM EMEA business more than doubled its assets under management.
Bollinger has three decades of experience in financial markets, having held various roles in trading, structuring, sales, treasury, and wealth management. Throughout his career, he has been based in Hong Kong, London, Luxembourg, New York, and Zurich. Stefan Bollinger joined Goldman Sachs in 2004 and has been a Partner for 14 years. Prior to joining Goldman Sachs, he worked at J.P. Morgan in London, although he began his career at Zürcher Kantonalbank.
Following this announcement, Romeo Lacher, Chairman of Julius Baer, stated: “We look forward to welcoming Stefan Bollinger to Julius Baer. He has an excellent track record in global banking and wealth management. He was instrumental in expanding Goldman Sachs’ presence in Asia, Europe, the Middle East, and Africa. Stefan led and built outstanding businesses, most of them at the intersection of wealth management and capital markets. His experience combines a comprehensive understanding of risk, products, and how to deliver value to global wealth management clients through building scalable, client-centric businesses. He brings a unique combination of leadership, client and people skills, along with solid technical knowledge and functional experience to Julius Baer. Under Stefan’s leadership, we will strengthen Julius Baer as the leading pure private bank and create the best conditions for sustainable growth. Our priorities to achieve this are to create value for clients and shareholders in everything we do, strengthen and ensure cutting-edge risk management, and foster a culture of excellence.”
For his part, Stefan Bollinger mentioned his excitement about joining Julius Baer and added: “I look forward to working closely with the Board, the management team, and everyone at Julius Baer to capitalize on its unique strengths and shape the next chapter of client-centricity, risk management excellence, and sustainable growth.”
The arrival of Bollinger in February 2025 will mean that Nic Dreckmann, who has been the interim CEO of Julius Baer, will step down from these functions. “On behalf of the Board of Directors, I want to thank Nic Dreckmann for serving as interim CEO at a decisive moment. Nic and his team have done an exceptional job leading Julius Baer during a challenging time, with great focus on our clients and delivering solid results. Nic will continue to lead the Group until Stefan’s arrival and ensure a smooth transition. After the transition, we look forward to having Nic continue as a member of the Executive Board,” stated Lacher.
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