Swiss banking group Syz has appointed Silvan Wyss as its new head of Wealth Management.
Wyss succeeds Fabian Dufresne, who is retiring after he spent 10 years with Syz.
Wyss, who will also become a member of the group’s executive committee, will be responsible for growing Syz’s footprint in the Swiss market and implementing the private banking expansion strategy, especially in Latin America and Africa where Syz recently started business following its acquisition of the Swiss subsidiary of Royal Bank of Canada.
“Silvan Wyss’s experience in Latin American markets and his exhaustive knowledge of private banking will be essential to the development of our business in these countries where wealth creation and the entrepreneurial spirit are booming,” commented Eric Syz, CEO of the Syz group.
Wyss started his career in 1994 in consultancy for financial firms before moving to Credit Suisse in Zurich in 2001 as head of Online Banking CS Financial Services.
In 2006, he was involved in the acquisition and integration of Brazilian bank and hedge fund Hedging-Griffo into Credit Suisse.
Wyss became Head of Private Banking Latin America, where he expanded UHNWI and advisory services.
Most recently, he held number of private banking positions in Zurich, including global head of Advisory & Wealth Planning, which he held until 2016.