Julius Baer appoints Standard Chartered MD as new CFO

The Swiss private banking and professional services firm Julius Baer has appointed Peter ‌Burrill as its chief financial officer, the company has announced.

Burrill, who will start in the role on 17 August, has been at Standard Chartered for over nine years and has most recently held the role of interim group chief financial officer at the bank.

Prior to this he spent nearly four years as group controller, co-head for group finance at Deutsche Bank, and 20 years as a partner in KPMG’s San Francisco and Munich offices.

Stefan Bollinger, chief executive of Julius Baer, said: “We are delighted to welcome Pete to Julius Baer. He brings profound depth and breadth of financial expertise, having led the full range of finance and regulatory functions.

“With extensive international experience across our core markets and working at a bank strongly focused on wealth management, he will be an outstanding addition to our team as we continue to strengthen and grow our leading wealth franchise and build on the strong partnerships across all stakeholder groups.”

The firm specifically highlighted Burrill’s decades of experience in Germany, the UK, and the US as attributes that qualified him for the role.

Burrill will take over from Evie Kostakis, who has been in the role since July 2022 and at Julius Baer since 2013.

In her time in the role, the private bank has been beset by a series of executive shakeups.

In 2024 its chief executive Philipp Rickenbacher stepped down after the bank suffered a net credit loss of 606 million Swiss franc, or $701 million, in loans to the collapsed Austrian property developer Signa Holding.

Board members replaced him with former Goldman Sachs partner Stefan Bollinger.

In 2025, its chairman Romeo Lacher decided not to seek re-election, leading to the appointment of ex-HSBC chief executive officer Noel Quinn to the role.



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