Falcon Private Bank, a leading Swiss private bank specialised in asset management for high net worth private clients and families, has appointed Erich Pfister as the new global head private banking, which will be effective from January next year.

With more than 20 years of private banking experience, Pfister is a senior professional with a proven international track record, said a statement.

He will join Falcon Private Bank after a long-standing career at Credit Suisse and Clariden Leu where he held various management positions, including head - Middle East and Asia and head - Emerging Markets.

Pfister will report to Eduardo Leemann, chief executive officer, and be a member of the bank’s executive board.

“This appointment completes our executive management team and ensures we are well placed to achieve our ambition of becoming the leading Swiss private bank with emerging markets access and expertise,” said Leemann.

“The nomination of Erich Pfister, with his broad experience in our target markets, reflects our commitment to further drive our growth in the Middle East as well as in Eastern Europe and Asia,” he added. - TradeArabia News Service