Falcon Private Bank faces new top executive departure
Swiss firm Falcon Private Bank, which has recently announced the departures of its CEO Walter Berchtold and chairman Christian Wenger, has reported a third major exit according to Swiss trading press.
The bank’s global head of Products and Services, Arthur Vayloyan, has stepped down from his role.
Vayloyan who joined the firm in November 2016, previously worked at Credit Suisse like Berchtold and Wenger, having served there as head Private Banking Switzerland and External Asset Management and as global head Investment Services and Products.
The new chairman of Falcon Private Bank is yet to be appointed while Martin Keller has been named chief executive officer.