Julius Baer has hired Sonia Gössi as head of Switzerland and Europe in the latest of a series of senior changes for the bank that include the splitting-up of its EMEA division. Gössi ? previously head of wealth management Europe international north at UBS ?

is set to join the firm on 1 January 2024.  Her appointment follows the decision of Yves Robert-Charrue, head of Switzerland and EMEA, to leave the group at the beginning of 2024. The firm has split EMEA into European and emerging markets segments as a result. Head of Americas, Beatriz Sanchez, is also stepping down from the executive board. She will now assume a strategic role of chair of Americas.

Julius Baer has also brought in Thomas Frauenlob as head of intermediaries and family offices. He will join on 1 April 2024 from UBS, where he is currently the head of global financial intermediaries business after formerly being in charge of their Swiss global family office and ultra-high-net-worth franchise. Frauenlob is taking over the role from Nic Dreckmann, who is focusing on his role as chief operating officer and becomes deputy CEO of the bank.  Other senior changes included promotions for Carlos Recoder Miralles ?

currently head Western, Northern Europe & Luxembourg ? and Rahul Malhotra, who is in charge of Julius Baer?s global India franchise (onshore and non-resident), as well as Japan and Asia clients. The former will now be in charge of Americas and Iberia.

He joined Julius Baer in 2016 from Credit Suisse. Meanwhile, Malhotra will serve as head of emerging markets, which includes Africa, the Middle East, Central and Eastern Europe, Israel, Greece, Turkey and India. He joined the firm from JP Morgan in 2021 and will be based primarily in Dubai, representing the financial hub?s central role for this business segment.

Julius Baer has also created a new client strategy and experience division led by Sandra Niethen, which will set global standards in client service and provide support, segment management, marketing, and front-risk management for all regions. The regional leadership is now the following: ?Sonia Gössi, Switzerland and Europe ?Carlos Recoder Miralles, Americas and Iberia ?Rahul Malhotra, emerging markets ?Jimmy Lee, Asia ?Thomas Frauenlob, intermediaries and family offices ?Sandra Niethen, client strategy and experience.