Julius Baer announced Vice Chairman Richard Campbell-Breeden will not seek re-election at the company’s 2026 annual general meeting and will retire from the board at that point, setting up a planned transition in the board’s leadership structure.
Subject to shareholder re-election, Juerg Hunziker is expected to succeed Campbell-Breeden as vice chairman. The company said the change would preserve permanent senior board representation in Switzerland, which it described as both its home market and a key growth market.
Julius Baer also said Urban Angehrn has agreed to join the board as an independent non-executive director from the 2026 AGM, subject to shareholder approval. The company cited Angehrn’s more than three decades of financial services experience in Switzerland, including his most recent role as CEO of FINMA and earlier senior positions at Zurich Insurance Group.
The company said further details on board and committee composition will be provided in the AGM circular scheduled for publication in March.
KEY QUOTES
“I would like to express my deep gratitude to Richard for his many important and valuable contributions to Julius Baer over the last eight years, particularly for his strong leadership since taking on the role as Vice Chairman in February 2024. Richard led the process to recruit a new CEO and Chairman of Julius Baer. Having successfully completed both additions and ensured a smooth transition, he has now decided that it is the right time for him to step down as Vice Chairman and retire from the Board at our 2026 AGM.
I am delighted that Juerg has agreed to succeed Richard as Vice Chairman. Since I became Chairman, I have seen first-hand the value of Juerg’s 40 years of technology and financial services knowledge, both internationally and in Switzerland, as well as his experience as a CEO building high-quality customer-focused organisations. He is an excellent candidate for Vice Chairman.
I am also pleased to welcome Urban to the Board. Urban has over 30 years of financial services experience in our home market of Switzerland, including most recently serving as CEO of FINMA and, prior to that, as a member of the Executive Committee and Group Chief Investment Officer of Zurich Insurance Group. Urban brings extensive experience in investment management and risk management within large and complex organisations, along with a great understanding of global financial markets, regulation, and corporate governance. I am confident that he will further strengthen the Board’s oversight of the business and experience of financial services in Switzerland.”
Noel Quinn, Chairman of the Board of Directors
