Julius Baer has appointed Burkhard Varnholt as new Head Investment Solutions Group (ISG) and Chief Investment Officer (CIO) as of 1 March 2014. Hans Lauber who has previously held both positions will leave Julius Baer for private reasons: already some time ago he requested to be relieved of his duties to devote more time to his family.

Burkhard Varnholt is a prominent and well respected figure in the Swiss investment management industry with over twenty years of experience in financial markets. Prior to joining Julius Baer, he has been CIO and Head Asset Management and Institutional Clients of Bank J. Safra Sarasin and before that he had held a leading position at Credit Suisse.

Hans Lauber has successfully advanced Julius Baer’s investment approach in the past years, adapting it to the higher volatility of the markets and changing client demands. He will retain his current roles and duties until the handover on 1 March 2014.

“I would like to thank Hans sincerely for the excellent work he has done in the past years. We are very pleased that with Burkhard we have found a most competent successor to take over Hans’ comprehensive responsibilities. Under his lead ISG will further develop its offering to take it to an even higher level, leveraging the achievements so far and ensuring utmost continuity,” said Boris F.J. Collardi, Chief Executive Officer of Julius Baer.