Hector Sants appointed Julius Baer chairman

Sants will replace Gian Rossi, head of Northern, Central and Eastern Europe and member of the bank's executive board, from the 1 July. Rossi will step down from his role as chairman after nine years, but will remain actively involved with the firm's business in the UK, the group said. Rossi said: "It is a great honour to welcome Sir Hector to Julius Baer. "With his appointment we continue to demonstrate our ongoing commitment to the UK, and I am sure that we will benefit greatly from his long-standing experience in the financial services industry." Sants was chief executive offi...