Liechtenstein bank Kaiser Partner has appointed Stefan Liniger as new CEO of wealth management and trust business, effective 1 March 2019.
Liniger headed up Rothschild & Co's wealth planning and trust business between 2011 and 2018, transforming it into a market leader. Before that, he worked as head of wealth planning at Goldman Sachs in Zurich and was a partner at Swiss law firm Bar & Karrer.
Various other experienced advisors and professionals are joining Kaiser Partner alongside Liniger. One of these is Elena Andrianova, who was most recently responsible for Rothschild Trust's Russia business, and who is a highly respected advisor to first-generation entrepreneurs and wealthy women.
Kaiser Partner Privatbank has taken a significant growth step. At the start of the year, the bank acquired Bank Vontobel's local business in Liechtenstein, and it is now the fifth largest bank in Liechtenstein, with 75 employees. Privatbank's assets under management went up by around 50% in 2018 to more than CHF4bn, while profits doubled to CHF4.5m.