Vontobel Co-CEO to Lead Swiss Wealth Banks Association

Georg Schubiger, currently co-chief executive of Vontobel, is set to take the helm of the Association of Swiss Asset and Wealth Management Banks (VAV). He will succeed Giorgio Pradelli of EFG International, who is transitioning to become chairman of the Swiss Bankers Association. Stefan Bollinger, chief executive of Bank Julius Bär & Co, has been elected as the group's new vice-president. These significant leadership changes within the VAV are scheduled to be implemented on September 18, 2026.

Schubiger, who has served as VAV vice-president since 2024, and Bollinger possess considerable international management experience in banking, particularly in wealth management. The association highlighted their familiarity with the domestic and global issues pertinent to Swiss private banking. Pradelli has been an active board member since 2019 and has led the association for the past two years. The VAV acknowledged Guy de Picciotto's 25-year tenure on the board during a period of industry transformation.

The incoming VAV President emphasized Switzerland's global reputation for wealth management quality and trustworthiness. He stated that maintaining this standing requires strong market participants, skilled professionals, technological adoption, and a stable yet competitive regulatory environment. He pledged to collaborate with colleagues to advance these objectives.