A Swiss national who has been with Deutsche Bank for nearly a decade is taking the reins in Switzerland.

Deutsche Bank appoints Swiss national Loïc Voide as its new chief executive officer (CEO) and chief country officer (CCO) of Deutsche Bank (Switzerland) starting in October, according to a statement on Wednesday.

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He succeeds Marco Pagliara (pictured above) in both roles after he was promoted to head of emerging markets at the private clients bank within Deutsche Bank in June, as finews.com reported. He's since been based in Singapore, with his appointment partly in response to longtime Credit Suisse banker Jin Yee Young, after being poached by Deutsche Bank, staying only briefly before jumping ship to the «new» UBS.

Various Roles

Voide joined Deutsche Bank in Zurich in 2015 to head Wealth Management in Turkey and was subsequently appointed head of Wealth Management for Russia and Eastern Europe. In November 2018, he was named head of International Private Bank (IPB) for the Middle East and Africa (MEA) and branch manager of Deutsche Bank in Geneva and joined the Executive Committee of Deutsche Bank (Switzerland).

In 2020, Voide assumed the position of Co-CEO for Deutsche Bank Middle East and Africa in Dubai in addition to his role as Head of IPB MEA.

UBS and Credit Suisse Experience

Prior to Deutsche Bank, Voide held various senior management positions at UBS and Credit Suisse in the Middle East. He has over three decades of experience since he started his career as a banking apprentice at Swiss Bank Corporation (now UBS) in 1990. Deutsche Bank has been present in Switzerland for more than 40 years and has around 600 employees in Zurich and Geneva.