Vicenda, a seven-year-old Swiss private debt manager, is installing a longstanding Swiss investment banker as its first CEO.
The Baar-based start-up is naming Adrian Edelmann as its CEO, effective immediately, it said in an emailed statement on Tuesday. Vicenda, presided by veteran Swiss banker Walter Berchtold, also said founding partner Micha Blattmann will join its board at its next shareholder meeting, in March.
Edelmann is a Swiss capital markets veteran who previously worked for Lehman Brothers, Barclays Capital, and Merrill Lynch in Zurich as well as in London. Vicenda, until now been run by group of partners, said naming Edelmann as CEO prepares it for its next growth step.
He had been a partner and member of top management, where he is responsible for distribution, since 2016. Berchtold, who previously ran Falcon Private Bank and Credit Suisse's flagship wealth management, took over as chairman of Vicenda two years ago.
