Finad, the family office domiciled in Zurich, wants to establish a bigger foothold in Central Europe. To do so, the Vienna office is being strengthened with two bankers from LGT Bank.

Finad Family Office is getting two new faces for its Vienna office in Akos Sarandi, and Norbert Nagy. Both were previously directors at the Vienna branch of LGT Bank, which is owned by the Princely Family of Liechtenstein.

According to a statement, Sarandi and Nagy each have over a decade of experience in private banking, asset, and fund management. Their focus will be on the Central Europe region comprising Hungary, Czech Republic, Slovakia, and Romania. 

Expansionary Step

Finad Managing Director Christian Tury sees that the growing number of wealthy families in the Central European region requires more individualized and holistic strategic support in managing their assets. With these new hires, the Vienna office has taken an important step toward becoming a market-leading family office in Austria as well, he said.

Finad was founded in Zurich in 1976 by the Schwarzenbach family offers families, entrepreneurs, and foundations comprehensive advisory services in financial matters. The family office is headquartered in Zurich with offices in Vienna and Hamburg.