Swiss private banking group Julius Baer has poached five bankers from Credit Suisse to strengthen its Luxembourg business.

The appointed bankers are Jean-Daniel Roch, Oliver Theisen, Francoise Dawir, Tomasz Kosiur, and Nicolas de Canchy.

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Roch, who spent over 35 years at Credit Suisse in Luxembourg, has been named as the new market head for Luxembourg at Julius Baer.

Theisen and Dawir have been appointed as senior relationship managers at Julius Baer. Theisen worked for 21 years at Credit Suisse, serving premium HNW international private clients.

Dawir spent 16 years at Credit Suisse working with premium HNW and UHNW clients from the Benelux and French markets. He formerly also had stints at Bank Leu and Banque et Caisse d’Epargne de l’Etat in Luxembourg.

Kosiur and de Canchy join as relationship managers at Julius Baer.  Kosiur spent 11 years at Credit Suisse, covering private clients, and previously served at Banque J. Safra Sarasin.

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de Canchy worked for 13 years at Credit Suisse, covering European and Middle Eastern clients.

In their new roles, the five bankers will focus on the development of Julius Baer’s Western European business in Luxembourg.

Julius Baer head of Western Europe Carlos Recoder said: “I am delighted that Jean-Daniel and his team have agreed to take on this new challenge. Their additions represent an important advancement in our strategic goal to grow our Western European franchise. They are widely recognised as distinguished experts in private banking.”