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EFG International’s Ruflin to step down as deputy chief executive

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EFG International’s deputy chief executive Lukas Ruflin is to take a long-planned sabbatical, effective from the end of this year.

As a result, he has asked to step down as deputy chief executive and, in keeping with EFG International’s ongoing focus on cost management, will not be replaced in this role.

Ruflin (pictured) will continue to be an adviser to John Williamson, chief executive of EFG International, on capital market issues, and will remain on the board of EFG Financial Products.
 
Ruflin joined EFG International in 2004, was one of the founding partners of EFG Financial Products in 2007, and became deputy chief executive in June 2009. He was a member of the small team that undertook the detailed review of EFG International’s business in 2011, and has played a key role during the resetting phase.
  
Williamson says: "I am very grateful to Lukas for all that he has contributed to EFG International. In addition to the important work he has done in helping to reset our business, he was an invaluable support to me personally during the initial period following my appointment as CEO. Having worked so intensely for so long, I can understand his desire to take a well earned sabbatical. His stepping down as deputy CEO is something we have planned for together and the end of this year is a logical time, with the resetting phase now complete. He will continue to provide advice on capital market issues and will remain on the board of EFG Financial Products, a business he was instrumental in founding back in 2007."

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