Mr. Jürg Haller to be elected as new Chairman of Bank J. Safra Sarasin and member of the Board of J. Safra Sarasin Holding. He will replace Mr. Ilan Hayim
Mr. Ilan Hayim, currently Chairman of Bank J. Safra Sarasin and member of the Board of Directors of J. Safra Sarasin Holding AG, will resign from both Boards, while ensuring a smooth transition over the next few months. He has informed the respective Boards of his decision to step down after having served the Group since 2013.
The Board of Directors of Bank J. Safra Sarasin will propose the election of Mr. Jürg Haller as a new member of the Board at the upcoming general meeting of shareholders. It is planned that Mr. Haller be appointed in the capacity of Chairman of the Board of Bank J. Safra Sarasin. In addition, Mr. Haller will be a member of the Board of J. Safra Sarasin Holding AG, the parent company of Bank J. Safra Sarasin.
Mr. Haller was born in 1957 and is a Swiss national. Mr. Haller has extensive experience in the banking sector both in Switzerland and globally. Mr. Haller obtained a Federal Certificate of Commercial Competence (KV) in 1976 and a diploma from the Zurich University of Applied Sciences in 1981 (ZHAW). He also completed an Advanced Management Program at Harvard Business School in 1999. He began his professional career at Raiffeisenbank Basen-Wettingen in 1973, and worked for J.P. Morgan in New York and Zurich from 1981 to 1984. He was employed with the UBS Group in various senior leadership positions from 1984 (originally Swiss Bank Corporation) until July 2019, most recently as Executive Vice Chairman Global Wealth Management since February 2018.
Jacob J. Safra, Chairman of J. Safra Holdings International and Vice Chairman of J. Safra Sarasin Group, commented:
"On behalf of the Board of Directors, I would like to thank Ilan Hayim for his invaluable collaboration and services during the last six years. We will miss his broad experience and excellence on the Board, where he has consistently provided important insights. We wish him all the best for his future endeavors. In addition, I would like to welcome Jürg Haller to the Boards of J. Safra Sarasin Holding and Bank J. Safra Sarasin. He has an excellent track record with decades of experience in all areas of banking, and I am confident he will help us continue our success story going forward."
Ilan Hayim, Chairman of Bank J. Safra Sarasin, commented:
"I am grateful for the great cooperation with my fellow board members and the Safra family over the last six years. It has been a very stimulating experience, a pleasure and an honor for me to serve as Chairman of the Board. The Group today is as solid and strong as ever and extremely well positioned to take advantage of future opportunities. I extend my best wishes to all employees as well as my colleagues on the Board of Directors."
Jürg Haller, future Chairman of Bank J. Safra Sarasin, commented:
"I am very excited to join the Boards of Directors of Bank J. Safra Sarasin and J. Safra Sarasin Holding. As a family-owned bank, its consistency, stability, agility and long-term approach are key attributes that facilitate alignment of values and create a strong foundation of trust for clients. I look forward to working with the management and staff to support the Bank’s growth strategy and to continue building an entrepreneurial, healthy and vibrant environment that will enable us to ensure its continued success. Finally, I would also like to thank the Safra family for their trust and Mr. Hayim for the important contribution he has made to the Bank’s development in recent years."