A Julius Baer private banker most recently in charge of a major chunk of the Swiss wealth manager's European business is departing, finews.com has learned.
Stephen Kamp, who is Julius Baer's head of southern Europe and Israel, is leaving the Swiss wealth manager, a source familiar with the matter told finews.com. A spokesman for Zurich-based Julius Baer confirmed Kamp's exit.
He is a six-year veteran of Julius Baer who joined in 2012 as deputy head of Latin America and Israel. He moved to his current job nearly three years ago. A person familiar with his plans said he is heading for a wealth management firm in Geneva, but not Pictet.
Setback in Europe
Nevertheless, Kamp's exit is a setback for Yves Robert-Charrue, who runs Julius Baer's activities in Europe. The Genevan wealth manager has twice raided Julius Baer for private bankers, first for the Middle East and last week for Latin America.
Kamp, who couldn't immediately be reached for comment, is a veteran Swiss banker who spent more than ten years with HSBC as well as ABN Amro in Switzerland before joining Julius Baer. He is termed a «good leaver», according to a source at the bank. His deputy, Shaul Perets, will take over as Julius Baer's temporary head of southern Europe and Israel.
