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International Private Bank Names Industry Luminary To Board
Tom Burroughes
12 March 2015
Falcon Private Bank, based in Switzerland with offices worldwide including Singapore and Abu Dhabi, has elected one of the Alpine state's most high-profile figures, Walter Berchtold, as a member of its board of directors. The appointment was effective as of 10 March this year. Berchtold’s 30-year career includes his membership of Credit Suisse’s executive board (2003-2012) and the role of chief executive, private banking, at Credit Suisse from 2006 to 2011. At present, he acts as an independent global financial services expert managing various mandates, a statement from Falcon said. The board of directors of Falcon Private Bank consists of Murtadha M Al Hashmi (chairman), James Sullivan, Lennart Blecher, Christian Wenger and, now, Berchtold. The bank employs over 300 staff at its head office in Zurich, Switzerland, with branches and representative offices in Geneva, London, Abu Dhabi, Dubai and Singapore. It is ultimately owned by Aabar Investments, based in the United Arab Emirates.