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David Durlacher appointed acting CEO of Julius Baer International Limited, London

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London/Zurich, 28 January 2016 – David Durlacher has been appointed CEO of Julius Baer International Limited, London, pending regulatory approval. He will be responsible for Julius Baer London and Dublin. He currently leads a significant part of the UK business and is a Member of the Executive Committee and Director of the Board of Julius Baer International Ltd. David Durlacher joined Julius Baer from Merrill Lynch International Wealth Management (IWM) UK when the business was acquired in 2013. Adam Horowitz, the current CEO of Julius Baer International Limited, will retire as planned after having successfully integrated IWM UK and Ireland into the Julius Baer Group. Gian A. Rossi, Head Northern, Central and Eastern Europe and Member of the Executive Board of Bank Julius Baer, said: “We are pleased that David will take on the responsibility to further drive our business in the UK and Ireland. His appointment demonstrates the Bank’s continuous focus on this market, one of the largest for Julius Baer outside Switzerland. We would like to thank Adam for overseeing the successful integration of Merrill Lynch’s IWM business into the Julius Baer Group and wish him all the best for his retirement.”  David Durlacher added: “I am proud of what we have achieved so far, and excited about the opportunities to come. Julius Baer’s position as the leading pure wealth manager, together with having some of the best people in the industry, means we can truly deliver on the needs of our clients. I am honored to lead this team.”