Geneva-based Bank Syz is appointing Dominik Staffelbach as head of Switzerland to lead its domestic expansion strategy, according to an emailed statement on Tuesday. He will be responsible for developing and implementing the bank's strategy for the Swiss market and will report to Nicolas Syz, son of founder Eric Syz and head of private banking.

Staffelbach joins Bank Syz from the private bank Rahn+Bodmer, where he was responsible for entrepreneurs. Prior to this he worked at UBS, where he focused on developing ultra-high net worth clients globally.

With the new appointment, the bank is refilling its ranks after several key members of staff left the bank this year as finews.com reported.