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Julius Baer Taps Peter Burrill as CFO Amid Management Overhaul

Peter Burrill will join the executive board of Julius Baer as chief financial officer on August 17, stepping into a pivotal role as the Swiss bank navigates a period of significant leadership restructuring following substantial losses tied to high-risk lending practices earlier this year.

Burrill arrives from Standard Chartered, where he recently served as interim Group CFO. His appointment completes a leadership transition initiated in April, when the bank announced the departure of former CFO Evie Kostakis. The move marks a strategic effort to stabilize the institution's financial governance, drawing on Burrill’s background at major financial houses including Deutsche Bank and KPMG.

CEO Stefan Bollinger noted that Burrill brings deep expertise across regulatory and financial functions. His start remains subject to final regulatory approval, a standard procedural step for executive board appointments within the Swiss banking sector.

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