Julius Baer expands UK footprint

Swiss private bank Julius Baer has made three new appointments to its London team as part of ambitious plans to grow its UK operation.

Julius Baer expands UK footprint

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The firm’s former head of Italy domestic market, Loris Vallone, will join the London-based team as head of strategic solutions to focus on developing its product and service offering, and former Sanlam Private Wealth head of global clients Luke Downes joins as portfolio management team leader.

Downes will report to Edward Raymond, head of portfolio management, tasked with expanding the portfolio management service and developing the firm’s discretionary portfolio management.

Ella Riesco also joins the firm as head of marketing and communications for the UK. 

David Durlacher, CEO of Julius Baer, said: “I am delighted to welcome Ella, Loris and Luke. They bring a wealth of leadership experience that will be important for our growth.

“These appointments are a further demonstration of Julius Baer’s ambitions in the UK and its commitment to the market.”

 

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