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Press Release

Bank Julius Baer appoints Stephan Haeberle as Regional Head of Central and Eastern Europe and parts of Africa

Wednesday, September 03, 2008

Bank Julius Baer has appointed Stephan Haeberle as the Regional Head of Central and Eastern Europe and parts of Africa and a Member of the Executive Board, effective 1 March 2009. In this newly created function, Stephan Haeberle will be responsible for driving the further development of Julius Baer's wealth management operations in these dynamic regions. He will be based in Zurich and will report directly to Alex W. Widmer, CEO of Bank Julius Baer.

The appointment of Stephan Haeberle, who will head Julius Baer's wealth management operations in Central and Eastern Europe and for parts of Africa, underscores the bank's firm commitment to these regions. In parallel to this new role, Stephan Haeberle will also be appointed as a Member of the Executive Board of Bank Julius Baer with effect from 1 March 2009 and will report directly to Alex W. Widmer.

Stephan Haeberle will join Julius Baer in Zurich from LGT Bank in Liechtenstein, where he has been Head of Private Banking International and a Member of the General Management since 2006. During this time, he played a key role in expanding LGT's private banking business in regions including Central and Eastern Europe and Africa. Stephan Haeberle has more than 25 years of experience in private banking. He started his career at Bank Leu before joining UBS in 1998, where he held various senior positions in the area of Wealth Management in Central and Eastern Europe.

Alex W. Widmer, CEO of Bank Julius Baer, said: "We have made significant progress in expanding our footprint in key international markets and are systematically moving ahead with our global growth strategy. With his wealth of experience and expertise, I am convinced that Stephan Haeberle will successfully drive the further development of our activities in these dynamic regions."


About Julius Baer

Julius Baer is the leading dedicated wealth manager in Switzerland. The Group, which has roots dating to the nineteenth century, concentrates exclusively on private banking and asset management for sophisticated private and institutional clients. With more than 4,200 employees worldwide, the Group managed assets in excess of CHF 360 billion at the end of June 2008. The Julius Baer Group's global presence comprises more than 30 locations in Europe, North America, Latin America and Asia, including Zurich (head office), Buenos Aires, Dubai, Frankfurt, Geneva, Hong Kong, London, Lugano, Milan, Moscow, New York, Singapore and Tokyo. Bank Julius Baer and GAM, a global asset manager focused on active and alternative wealth management, are the key companies of the Group. The registered shares of Julius Baer Holding Ltd. are listed on the SWX Swiss Exchange and form part of the Swiss Market Index (SMI) which comprises the 20 largest and most liquid stocks.

For more information: www.juliusbaer.com

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