By Najat Kantouar
Julius Baer Group said Nic Dreckmann, chief operating officer and deputy chief executive, would leave the Swiss private bank later this year, and appointed Jean Nabaa as its next operating chief.
The Zurich-based private bank said Wednesday that Dreckmann would step down from his roles on April 13 and leave the group by the summer to pursue outside opportunities, after a career spanning more than two decades.
Dreckmann became Julius Baer's interim CEO in early 2024, when former boss Philipp Rickenbacher stepped down after the bank reported major losses related to its exposure to Austria's Signa Group. The bank later appointed Stefan Bollinger, a former Goldman Sachs partner, as its CEO.
Julius Baer said Nabaa, its new COO from April 13, joins from HSBC Holdings, where he was recently COO for international wealth and premier banking and COO for global private banking.
Write to Najat Kantouar at najat.kantouar@wsj.com
(END) Dow Jones Newswires
01-14-26 0200ET
![Nic Dreckmann](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
