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KBL exec to join Deutsche board; BofA unit hires former Barclays exec

S&P Global Market Intelligence presents a daily roundup of management and board changes at financial institutions in Europe. This feature excludes C-level leadership changes and previously reported stories.

KBL European Private Bankers

KBL European Private Bankers SA CEO Jürg Zeltner is set to join Deutsche Bank AG's supervisory board, where he will represent the interests of the Qatari royal family, Reuters reported, citing two sources with knowledge of the matter.

The ruling al-Thani family of Qatar controls KBL European Private Bankers, and holds a 6.1% stake in the German bank, the newswire said.

Zeltner is expected to replace Richard Meddings, who is stepping down from the board, according to the report.

Separately, the Luxembourg-based wealth manager is hiring former Credit Suisse Group AG executive Dagmar Kamber Borens to build up its Swiss activities, reported, citing two sources familiar with her appointment.

Borens' arrival at KBL hinges on the firm's proposed acquisition of Swiss banking firm Bellevue Group AG, according to the report.

Bank of America Merrill Lynch

Bank of America Corp. subsidiary Bank of America Merrill Lynch named former Barclays PLC researcher Gerardus Vos head of financial technology investment for Europe, the Middle East and Africa, Financial News reported, citing an internal memo.

Vos, who most recently led technology and financial technology equity research at the British bank, will report to EMEA financial institutions banking co-heads Giorgio Cocini and Arif Vohra in his new role, the publication said.

Lakefield Partners

Wealth manager Lakefield Partners AG hired Anish Wig, Robert Kronenberg and Hugo Odermatt as advisers, and is aiming to hire more relationship managers at its office in Zurich, Citywire reported. Wig and Kronenberg join from Julius Bär Gruppe AG and Credit Suisse Group AG, respectively, the newswire said.


U.S.-based risk and information solutions provider TransUnion appointed Sam Welch as its strategy and planning director in the U.K.

Welch previously served at Experian PLC in a similar position across both the U.K. and EMEA.


Thomas Schmidlin, formerly head of structured products for external clients at Credit Suisse Group, has been hired by Monaco-based digital solutions provider Privatam as head of sales, reported.

He will take up his new role in October, the report said, noting that a Privatam spokesman confirmed the appointment.