LGT Bank appoints head of Portfolio Management

LGT Bank Liechtenstein has appointed Achim Backhaus as the new head of portfolio management effective 1 October 2018. Most recently he was co-investment head of the private bank Hauck & Aufhäuser.

In the new position, Backhaus heads a five-man team. In addition to portfolio management, he is also responsible for the asset management mandates of the institution’s private banking clients.

Backhaus had left Hauck & Aufhäuser at the end of September. The private bank has not yet appointed any successor. In addition to that, Backhaus has been co-managing director of Fintech Easyfolio, a Robo-Advisor subsidiary of Hauck & Aufhäuser, since 2016.

ABOUT THE AUTHOR
Ridhima Sharma
Ridhima Sharma speaks German and is DACH Correspondent for InvestmentEurope. She has more than 8 years of experience in the media industry. Before joining us, she was working in India and covering automotive and lifestyle sectors. Over the years many of her stories have been published in various magazines across India.

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