Swiss private bank Julius Baer has poached Yvonne Suter from Credit Suisse to serve as its new head of corporate sustainability and responsible investment (CSRI).

Suter assumes the new responsibility immediately and reports to the CEO Office as well as the bank’s sustainability board.

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Her stint at Credit Suisse started in 2005. She most recently served as the bank’s head of sustainable investment, a position she held for five years.

Currently, she has been tasked with building the CSRI strategy of Julius Baer.

Referring to Suter, Julius Baer CEO Philipp Rickenbacher said: “Thanks to her comprehensive knowledge and network, as well as her many years of experience, she has all the prerequisites for further developing Julius Baer in the areas of sustainability and responsible investment and expanding the Bank’s activities.

“This will further enable us to meet the ever-increasing demands in all aspects of sustainability: economic, social, as well as environmental.”

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The appointment of Suter is the latest in a series of hires made by Julius Baer from Credit Suisse.

Earlier, Julius Baer appointed bankers from Credit Suisse to strengthen its teams in Brazil, Zurich, and Portugal.

Meanwhile, Credit Suisse too made senior hires in impact investing recently, which include the appointments of Daniel Wild as the global head of ESG strategy and Guillaume Bonnel as the head of sustainable and impact products.