Bank Julius Baer appointed David Lim as CEO

David Lim's appointment as CEO of Bank Julius Baer Singapore will reinforce the Bank's commitment to Singapore and the region.

Dr Thomas R. Meier, Member of the Executive Board and CEO Asia & Middle East, who was also CEO Singapore previously, will remain based in Singapore as Member of the Executive Board to lead the business and grow Asia as Julius Baer’s second home market, acoording to Bank Julius Baer.

Singapore is the regional office for the Bank’s products and operations platforms for Asia and Middle East and the marketing hub for South East Asia. Bank Julius Baer was awarded a wholesale banking license by The Monetary Authority of Singapore in 2007.

“David Lim has demonstrated distinguished ability in the past four years with his care and growing of client relationships. With his in-depth knowledge of the South East Asia markets and long experience in investment finance and Asian capital markets related activities, he will play an important role for Julius Baer to further expand its position as the leading Swiss private banking group in South East Asia. Singapore is the Bank’s largest operation outside Switzerland,” Dr Meier said.

David Lim continues to head Private Banking South East Asia and serves as a Member of the Management Committee for Asia & Middle East, reporting to Dr Meier. Dr Markus Kobler, COO Asia & Middle East, will also join David in management as Deputy CEO Singapore.

Bank Julius Baer now employs more than 500 employees in Asia. It was awarded ‘Top 10 Private Banks’ by Euromoney in 2010. In Asia, Julius Baer was the 2010 winner of the ‘Best Boutique Private Bank’ by The Asset Magazine. It was also awarded 'Best Private Bank 2009' by Finance Asia for the second year running and 'Best Boutique Private Bank Asia-Pacific' by Asiamoney for two consecutive years (2008, 2009), affirming its leading position in the wealth management industry.