BIL appoints Swiss CEO

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Banque Internationale à Luxembourg (BIL) has appointed Thierry de Loriol as chief executive of its Swiss operations in charge of BIL’s private banking and wealth management activities.

Adrian Leuenberger, member of BIL Group’s management board and head of wealth management commented: “At a time when many firms are retrenching from private banking and wealth management, we are making advances. Thierry is a talented and experienced individual, and a welcome addition to our management team as we seek to deepen our footprint in Switzerland and internationally.”

De Loriol joins Banque Internationale à Luxembourg (Suisse) SA, BIL’s Swiss subsidiary, with over 20 years’ experience in international investment and private banking. He most recently worked with Banque Cramer & Cie as an adviser to the board and held senior management posts with the Swiss banks Clariden Leu, Banque de Dépôts et de Gestion and Sinara Capital Management.

He takes over from Michel Wohl, who is moving to become adviser to the board of directors of BIL Suisse. Thierry de Loriol will chair the management board, whose other members comprise vice chairman Alfons Widmer and chief financial officer Rolf Tresch.

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