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Silvan Wyss will be moving to SYZ as a member of the Group's Executive Committee and Head of Wealth Management. His main tasks will be to grow the Swiss market and implement the private banking expansion strategy, especially in Latin America and Africa where SYZ recently began operations following its acquisition of the Swiss subsidiary of Royal Bank of Canada.

Banque SYZ has always taken an innovative approach to management, combining the advantages of traditional private banking (solidity, independence and quality customer care) with a clear focus on performance, achieved through active management and modern investment techniques.

"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.

"Despite the enormously competitive banking environment, SYZ remains unique for its independence. Its management concept and close collaboration with SYZ Asset Management mean the Bank can offer clients flexible and dynamic long-term investment solutions," added Silvan Wyss.