BIL Suisse, one of the two key private banking hubs of Banque Internationale à Luxembourg (BIL), has named Hartmut Vollmer as the head of Wealth Management Growth Markets.

His role’s remit includes China, Eastern Europe as well as the Middle East.

Vollmer will assume the new role on 1 April 2021 and will also join the firm’s executive committee.

He most recently headed the Eastern Europe team at Union Bancaire Privée (UBP) and was also part of the bank’s private banking management committee since 2011.

He also held management roles at ABN Amro in Switzerland.

Additionally, BIL Suisse appointed Tobias Kamber as its general counsel.

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Kamber will be handed over the new responsibility on 1 January 2021 and will join the firm’s executive committee.

He formerly served as the deputy general counsel for private banking at Julius Baer and led the private banking legal team for Switzerland and the EMEA countries. He joined the Swiss bank in 2007.

His financial career of over 16 years also includes a stint at Clariden Bank.

BIL Suisse CEO and group head International Hans-Peter Borgh said: “Hartmut Vollmer and Tobias Kamber will bring invaluable experience and sharp expertise. We have made major high calibre recruitments in the past few months, reaching an important milestone.

“We are confident that with our strong team, we will take BIL Suisse to its next level of development.”

BIL Suisse caters to private clients, such as entrepreneurs, from Eastern Europe and CIS countries, China.

The BIL group offers retail, private and corporate banking services and has a staff headcount of over 2,000. It has operations in Luxembourg, Switzerland, Denmark and China.

In July this year, the group entered into a new partnership with Swiss derivatives specialist Leonteq to issue and distribute structured investment products.