Finance

Julius Baer’s New CEO Bollinger Takes On Day-One Growth Test

Stefan BollingerPhotographer: Martin Ruetschi/Julius Baer Group Ltd
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As Stefan Bollinger moves into the chief executive’s office at Julius Baer Group Ltd on Thursday, the lender’s investors want answers to two big questions: how much can he boost profitability and how quickly will he resume paying them out money?

The 50-year-old former Goldman Sachs Group Inc. partner is the first permanent boss in almost a year, following the resignation of Philipp Rickenbacher in February 2024 after losses linked to real estate tycoon Rene Benko halved annual profit. Nic Dreckmann has run the bank in the interim.