Sal Oppenheim & Cie appoints new chief executive

Swiss wealth manager BankSal. Oppenheim jr.&Cie has appointed Hanspeter Oes as its new chief executive effective in May in a series of significant changes to its senior staff.

Oes has worked for Oppenheim, part of the broader Deutsche Bank group, since 2007, most recently as chief operating and financial officer, on the executive board.

Christian Camenzind, who has been the chief executive at Oppenheim for more than 11 years, has been appointed from July to chief operating officer of Deutsche Bank Private Wealth Management in the Asia Pacific region.

It is the second high level appointment Deutsche Bank’s unit has made in one week, after hiring Suzanne Spink as its head of global investment solutions in the UK. She previously worked for HSBC Private Bank.

At Oppenheim, Gérard Piasko has been appointed as a new member on the executive board and as chief investment officer responsible for the bank’s investment strategy.

Pierre de Weck, chairman of the board of directors and member of Deutsche Bank’s Group executive committee, said: “With the appointment of Hanspeter Oes as CEO and Gérard Piasko as a new member of the executive board, we are emphasizing the independence and continuity of Sal. Oppenheim Switzerland in its investment and product processes as well as its independent market presence.”

David Walker

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