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On 1 December 2024, Reto Calonder will assume leadership of Julius Baer‘s Eastern Switzerland area and St. Gallen branch.
Michael Eicher, who has chosen to take on a new challenge outside the Bank, will be succeeded by him.
Meanwhile, Claude Lüthi, head of Julius Baer’s Aargau/Solothurn and Foundations, will temporarily oversee the St. Gallen branch until Calonder arrives.
Calonder is a finance industry veteran of over three decades. He’s worked in wealth management at UBS and Schweizerische Bankgesellschaft in Eastern Switzerland since 1991, with a two-year hiatus. He’s had a variety of expert and managerial roles there.
Additionally, he served at UBS in St. Gallen for the last ten years as the deputy head of wealth management for Eastern Switzerland, head of ultra-high net worth, executive & entrepreneurs, and desk head for attorneys, trustees, and notaries.
Calonder is a wealth management adviser accredited by the Swiss Association for Quality and a Federal Diploma from the Academy of St. Gallen, making him a Swiss-trained banking specialist.
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By GlobalDataPatrick Prinz, head of the Swiss Market at Julius Baer, stated: “We are delighted to be able to appoint Reto Calonder, a proven and experienced wealth management expert, for our St. Gallen office and for Eastern Switzerland. He has an excellent track record and many years of management experience as well as in-depth knowledge of the regional market and the needs of our local clientele. This makes him the ideal person to keep us moving forwards in Eastern Switzerland.”
Moreover, earlier last month, commencing on 1 February 2025, Stefan Bollinger, a partner at Goldman Sachs, has been named CEO of Julius Baer by the board of directors.
Bollinger, a Swiss national, serves as the co-head of private wealth management for Europe, Middle East, and Africa (PWM Europe, Middle East, and Africa) at Goldman Sachs in London.