Bank Sarasin creates a new division “Trading & Family Offices”, headed by Peter Wild
24.12.2008Peter Wild (57) is to head up the new “Trading & Family Offices” division which Bank Sarasin & Co. Ltd will launch at the beginning of 2009. Peter Wild will join Bank Sarasin on 1 January 2009 becoming a member of the Bank’s Executive Committee.
By setting up a new business division dedicated to trading operations and to serving the needs of Family Office clients, Bank Sarasin is enhancing its proximity to the market and its revenue potential. The Bank’s focus on Family Offices represents its move into a high potential and demanding client segment. Bank Sarasin’s Board of Directors has appointed Peter Wild as head of its new Trading and Family Offices division. With his profound know-how in the area of trading and his enormous experience in catering for the needs of Family Office clients, Peter Wild, former CEO of AIG Private Bank Zurich, will further strengthen Bank Sarasin’s position in these lines of business and at the same time contribute to the success of the Bank's growth strategy. Peter Wild starts working for Bank Sarasin on 1 January 2009.
| Familiarity with the market as core competence “Peter Wild is a well-known figure and a highly experienced banker whose close familiarity with the market will be a valuable asset and perfect complement to our existing management team,” comments Joachim H. Straehle, CEO of Bank Sarasin. “Peter Wild will facilitate our access to the demanding client segment of Family Offices and help us expand our business activities in this field. At the same time he is expected to boost our performance in the area of trading. We look forward to working with him and we are confident that in his capable hands we will be ideally placed as we continue to successfully pursue our focused growth strategy.” |
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Peter Wild Peter Wild began his professional career with Nikon AG in Zurich before switching to the banking sector in 1971. He worked as a trainee for various trading departments at Banque Cantonal Vaudoise, Lausanne, and at Credit Suisse, Zurich. From 1978 onwards, he worked in the Trading department of Bank Julius Baer, initially in Zurich and then in New York (from 1981), where he was appointed deputy branch manager in 1993. In 1997 he joined AIG Private Bank Zurich, where he worked as CFO from 2000 to 2005 prior to his appointment as CEO in 2006. |
