EFG International has announced that it will combine its Legal and Compliance functions into a single division under the leadership of Yves Aeschlimann as new group head of Legal & Compliance, who will join the firm to become a member of EFG International’s Executive Committee, effective 01 May 2019 at the latest and subject to regulatory approval. He will succeed Vittorio Ferrario.
Ferrario, group chief compliance officer, has decided to leave EFG at the end of the first quarter of 2019 after having successfully completed the BSI integration and substantially strengthened EFG’s regulatory compliance framework.
Aeschlimann will report directly to CEO Giorgio Pradelli. In this new position, he will oversee the newly combined Legal and Compliance division and will be responsible for further enhancing EFG’s regulatory compliance framework.
He has served as group head of Legal and Compliance and a member of the Executive Committee at Edmond de Rothschild (Suisse) SA since 2013. Prior to that, he worked as a senior financial sector specialist in Financial Market Integrity for the World Bank in Washington DC and spent eight years at the Geneva Criminal Justice Department as Investigating Magistrate from 2001 to 2009.