Yves Henri Bonzon chose to join Julius Baer after rejecting to join Swiss bank BSI (of BTG Pactual) as Chief Investment Officer.
According to a statement, “Julius Baer has decided to create the new division Investment Management (IM) to emphasise and further strengthen its commitment to achieve a consistently solid investment performance for its clients,” of which Bonzon will be in charge.
He will also become a member of the Executive Board of Bank Julius Baer as of February 1st, 2016. In this function he will report to CEO Boris F.J. Collardi. The new IM division will complement the existing division Investment Solutions Group (ISG) headed by Burkhard Varnholt. He and Yves Bonzon will be Co-CIOs.
Boris F.J. Collardi, CEO of Julius Baer, said: “I am delighted that Yves Bonzon has joined Julius Baer. He will be instrumental in further strengthening our expertise in managing our clients’ wealth and thus contribute to further consolidating our position as the international reference in private banking. Together with Burkard Varnholt’s ISG division, we will have two complementing, highly professional units that will jointly deliver best-in-class investment management to our clients.”
Yves Henri Bonzon is one of the leading investment management professionals in the private banking industry. After a traineeship in wealth management and corporate banking at UBS, he joined Pictet in Geneva in 1989. There, over the years, he became an equity partner, Group Managing Director and Chief Investment Officer of the Wealth Management division responsible for more than 100 investment professionals. Since 1998 he had chaired Pictet’s investment committee. Yves Bonzon left Pictet in December 2015. He holds a Master in Economics from Lausanne University.