Thomas Schlaus has been appointed as Team Leader for Citi Private Bank Zurich, and will join the Northern European Leadership team, reporting to James Holder.
Schlaus, who has over 20 years of experience structuring, executing and managing institutional family office relationships, joins from Deutsche Bank where he was most recently the Global COO for key client partners, based in Zurich. His prior experience includes portfolio management and running investment solutions across wealth management and institutional platforms.
Chris Braendli, currently senior Family Office coverage banker in Zurich, will merge his existing business with the new team and report to Schlaus.
Holder says: “Chris has done an outstanding job building our presence in the Zurich market, winning a number of key mandates with family offices and financial sponsors. His insight, experience and senior input will be key to the success of the wider team.
“Markus von Wallenberg, managing director based in Frankfurt, will continue as head of our German-speaking Europe Team and remains responsible for originating and managing business with our largest German-speaking Family Office clients. Markus has been central to planning this transformation of our Zurich franchise, and given the strong commercial links between Zurich and Frankfurt, especially for German families, Thomas Schlaus will have a dotted line reporting into Markus for the German-speaking business development.”