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EFG Private Bank names new CEO and Zurich PB head

EFG Private Bank names new CEO and Zurich PB head

EFG International has named Roland Kempf as its new head of private banking for Zurich, effective from 15 October. 

Kempf joins from Privatbank IHAG, where he has served as head of private banking and external asset managers since 2012. Prior to this, he worked at Clariden Leu for seven years.

However, Kempf's appointment is just one piece of EFG International's management reshuffle. The bank has also welcomed Barclays UK COO Richard Thomas as its new UK country head and CEO of EFG Private Bank.

Thomas succeeds Anthony Cooke-Yarborough, who is now the private banking chairman. 

Giorgio Pradelli, CEO of EFG International, said: 'Today's appointments clearly demonstrate that we are continuing to drive forward the combined business, strengthening our management teams across geographies and transforming EFG into a leading Swiss private bank.'

The bank has also hired Vontobel's Daniel Lüscher as global head of human resources, Julius Baer's Mauro Palombo as global head of credit solutions and strategic client management, and Mazama Capital Management's Donald Klotter as global head of institutional sales. 

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