Julius Bär Chairman Steps Down Amid Leadership Shake-up

Romeo Lacher announces departure from Julius Bär chairmanship and Swiss National Bank role, marking major leadership change in Swiss banking sector.

Key Takeaways

Romeo Lacher will not stand for re-election as Chairman of Julius Bär at the AGM on April 10, 2025.
Lacher is also resigning from the Bank Council of the Swiss National Bank (SNB), effective April 25, 2025.
Stefan Bollinger, formerly of Goldman Sachs, assumed the role of CEO at Julius Bär on January 9, 2025.
The Board has nearly completed the search for a successor, with an announcement expected in March 2025.

By The Numbers

2023

Year of significant credit losses

April 10, 2025

Date of Julius Bär AGM

April 25, 2025

Date of SNB AGM

They Said

"Under his supervision, the Board of Directors has acted decisively to address the credit losses incurred in 2023 and to appoint a new CEO."
— Richard Campbell-Breeden

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Sources & References

Romeo Lacher steps down at Julius Bär and Swiss National Bank

SWI swissinfo.ch