Erich Pfister has joined Oddo BHF (Schweiz) as new CEO - an appointment that takes retroactive effect from 1 August 2018.

He will lead the firm's expansion in Switzerland and reports to Joachim Häger (pictured), chairman of the Oddo BHF's board of directors for Switzerland and head of Group Private Wealth Management for Germany, France and Switzerland.

Commenting on the hire, Häger said: ‘We are delighted that Erich Pfister is part of our team, effective immediately, and will help develop our Swiss branch even further, thanks to his extensive experience in international private wealth.

‘In addition to our domestic markets of Germany and France, we are expanding Switzerland as the group’s third pillar and are developing targeted international markets.’

Pfister previously worked at Falcon private bank and Credit Suisse.