Boris Collardi to become new CEO of Bank Julius Baer

Tuesday, 31. March 2009 07:00
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Zurich, 31 March 2009 --- The Board of Directors of Bank Julius Baer
& Co. Ltd. elected Boris F.J. Collardi to become the new Chief
Executive Officer of Bank Julius Baer. Currently serving as Chief
Operating Officer of the Bank, he will succeed Johannes A. de Gier in
his function as Chief Executive Officer of Bank Julius Baer as of 1
May 2009. Boris Collardi is a Swiss national with broad experience in
international private banking. He has played a key role in shaping
Bank Julius Baer into one of today's leading private banks globally.

"An assessment of Bank Julius Baer's present requirements resulted in
the Board unanimously choosing an excellent candidate from the
internal pool of talent, itself a sign of the strength of our
organisation. In the current market environment, continuity enjoys a
high priority and calls for a clear skill set. As an experienced
manager deeply rooted in private banking, Boris Collardi complements
these skills with a multicultural and international background,"
explains Raymond J. Baer, Chairman of the Board, adding: "Building on
a strong professional track record and an intimate understanding of
Bank Julius Baer's business model, Boris can count on the full
support of the management team and the entire organisation."

Boris Collardi joined Bank Julius Baer as its Chief Operating Officer
at the beginning of 2006, following Julius Baer's acquisition of
three private banks and GAM at the end of 2005. He played a decisive
role in the swift and successful integration of these banks and the
subsequent positioning of Bank Julius Baer as one of the premier
addresses in global wealth management. Prior to that, he gained
extensive leadership experience in various functions during his 12
years at Credit Suisse both in Europe and Asia, including the
positions of Global Chief Financial Officer and Chief Operating
Officer EMEA of CS Private Banking.

Following the handover, Johannes A. de Gier will continue in his role
as Chairman of GAM Holding Ltd., helping to develop this
well-positioned alternative and active investment manager of the
Julius Baer Group.

Contacts:

Media Relations: Tel. +41 58 888 5777
Investor Relations: Tel. +41 58 888 5256


About Julius Baer
The Julius Baer Group, founded in 1890, is the leading dedicated
wealth manager in Switzerland. It concentrates exclusively on private
banking and asset management for private and institutional clients.
Julius Baer's total client assets amounted to CHF 338 billion at the
end of 2008, with assets under management accounting for CHF 275
billion. Bank Julius Baer, GAM and Artio Global Investors are the key
businesses of Julius Baer Holding Ltd., whose shares are listed on
the SIX Swiss Exchange and form part of the Swiss Market Index (SMI),
which comprises the 20 largest and most liquid Swiss stocks.
Julius Baer employs a staff of over 4,000 in more than 20 countries
and 40 locations, including Zurich (head office), Buenos Aires,
Dubai, Frankfurt, Geneva, Hong Kong, London, Lugano, Milan, Moscow,
New York, Singapore and Tokyo. For more information visit our website
at www.juliusbaer.com.



--- End of Message ---

Julius Baer Holding
Bahnhofstrasse 36, P.O. Box Zurich
Switzerland

ISIN: CH0029758650; Index: SLCI, SMI, SMIEXP, SPI;
Listed: Main
Market in SIX Swiss Exchange;

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