Following several years of strong growth in Guernsey, Julius Baer has made two senior promotions to the firm's branch management board.
The appointments have been made following a successful period of expansion for the local private banking team at Julius Baer, with a record number of new clients and record assets under discretionary management.
Jean-Luc Le Tocq and Craig Allen have been appointed to the Branch Management Board of Julius Baer in Guernsey. They both joined the company in early 2016 and achieved strong growth at Julius Baer on the island together with their colleagues.
Stephen Burt, Branch Manager at Julius Baer’s Guernsey office, said: “The provision of private banking services through individuals located in Guernsey has been key to ensuring a high level of service to our clients. Our growth story is clearly the result of our ongoing team effort. The addition of Jean-Luc and Craig to our experienced Branch Management Board will ensure that our strong position in servicing clients in the island and internationally is further supported.”
Mr Le Tocq, who has 28 years’ industry experience, is a Chartered Wealth Manager. He spent 13 years on the Channel Islands’ management board at his previous employer. His focus is on leading an experienced team of relationship managers working with locally-based clients, Channel Islands-based structures and UK resident, non-domiciled individuals.
Mr Allen, who has 20 years’ industry experience, oversees the Investment Management business locally. He is also a Chartered Wealth Manager and draws upon the Bank’s research to manage the portfolios of clients. Prior to joining Julius Baer, Craig Allen served on four different boards across the UK and Guernsey for another Swiss bank.
Julius Baer has had a presence in Guernsey since 1989 and has more than 100 staff employed on the island.
Pictured: Left to right Craig Allen, Stephen Burt and Jean-Luc Le Tocq
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