The Julius Baer Group announced that Richard Campbell-Breeden will not seek re-election to the Board of Directors at the next Annual General Meeting and will step down from his role as Vice Chairman. He will be succeeded by Juerg Hunziker, subject to his re-election as a Board Director by shareholders. Sir Noel Quinn, Chairman of the Board of Directors, expressed gratitude for Campbell-Breeden's contributions over eight years, particularly for his leadership since becoming Vice Chairman in February 2024. Quinn noted that Campbell-Breeden led the recruitment of a new CEO and Chairman and, having ensured a smooth transition, decided it was the right time to step down.
Quinn stated that Hunziker's appointment as Vice Chairman brings valuable expertise, citing his 40 years of technology and financial services knowledge both internationally and in Switzerland, as well as his experience as a CEO building customer-focused organizations. This move ensures the Board continues to have permanent senior representation within Switzerland, a critical growth market for Julius Baer where the business is headquartered. For more information about the company, visit https://www.juliusbaer.com.
In addition to the Vice Chairman transition, Julius Baer announced that Urban Angehrn has agreed to join the Board as an independent non-executive Director from the 2026 AGM, subject to shareholder approval. Quinn welcomed Angehrn, highlighting his over 30 years of financial services experience in Switzerland, including his recent role as CEO of FINMA and previous position as a member of the Executive Committee and Group Chief Investment Officer of Zurich Insurance Group. Angehrn brings extensive experience in investment management, risk management within large organizations, and a deep understanding of global financial markets, regulation, and corporate governance.
Quinn expressed confidence that Angehrn will strengthen the Board's oversight of the business and enhance its experience in Swiss financial services. Further details on Board and committee composition will be provided in the AGM circular to be published in March. The original release can be viewed on https://www.newmediawire.com. These changes come as Julius Baer, a leading independent Swiss wealth management group, continues to focus on servicing sophisticated private clients, with assets under management amounting to CHF 521 billion at the end of 2025.
