Following a reorganization of the Central Europe & USA region, Deutsche Bank has appointed Clemens Kaiser as Head of the Private Clients Bank Switzerland. His responsibilities for the Central European markets will be expanded accordingly, and he will remain based in Zurich.

He succeeds Loïc Voide, who, according to information from finews.ch, left Deutsche Bank by mutual agreement last month. Kaiser has been with Deutsche Bank for more than 24 years, playing a key role in shaping the bank's position in European asset management, according to the report.

Successor Sought for CEO Position in Switzerland

A successor for the positions of CEO of Deutsche Bank (Switzerland) and Chief Country Officer, which Voide held, has not yet been appointed.

«The Swiss onshore market has been a strategically important market for our wealth management business. We aim to double our client base and revenues over the next five years and will strengthen our teams to lay the foundation for our ambitious plans. Clemens Kaiser has the right experience and attitude to take this key market to the next level,» said Arjun Nagarkatti, Head of Private Client Bank Central Europe & USA, in an internal memo seen by finews.ch.