Private Banks

EFG International announces changes to its Global Business Committee

EFG International has announced that Patrick Ramsey has been appointed as new Head of Continental Europe & Middle East Region and member of the Global Business Committee, effective January 2021.

In this role, he will succeed Adrian Kyriazi, who has decided to step down as of year-end, EFG International said in a press release.

As of 1st January 2021, Patrick Ramsey will succeed Adrian Kyriazi as Head of the Continental Europe & Middle East Region, which is EFG’s second biggest region in terms of Assets under Management and strategically important to support the bank’s growth plan. In his new capacity, Patrick Ramsey will also become a member of EFG’s Global Business Committee and report directly to Giorgio Pradelli, Chief Executive Officer. This change in leadership comes as Adrian Kyriazi has decided to step down from his position. He will continue to support EFG as a senior advisor in the future.

Patrick Ramsey is a seasoned wealth management and private banking professional with more than 25 years of experience in the industry. In his last position, he served as Head of Wealth Management and member of the Executive Committee at CA Indosuez (Switzerland) SA, where he worked since 2013 until earlier this year. From 2010 to 2013, Ramsey was the General Manager of Barclays Bank Suisse (SA) and Country Manager Switzerland for Barclays Group. Prior to that, Ramsey was the General Manager and CEO of Merrill Lynch Bank (Suisse) SA, where he worked from 2002 to 2010, holding a variety of senior management positions. Ramsey is a Swiss citizen and holds a university degree in Business Administration with a major in finance and marketing from the University of Lausanne.

Adrian Kyriazi, who has headed EFG’s Continental Europe & Middle East Region since 2018, will be stepping down from his position as of year-end 2020. Kyriazi first joined EFG in 2014 as member of the Executive Committee and Head of the Continental Europe & Switzerland Region. Following the acquisition and integration of BSI, he then took over the responsibility of EFG’s Continental Europe & Middle East Region, which has since then shown an impressive growth record in terms of Assets under Management and the opening of new locations in Portugal and Dubai over the course of the last two years, making it EFG’s second biggest business region today. Going forward, Kyriazi will continue to support EFG as a Senior Advisor.

Giorgio Pradelli, Chief Executive Officer, EFG International, said: “I am pleased to announce the appointment of Patrick Ramsey as new Head of our Continental Europe & Middle East Region. I am convinced that with his leadership skills and extensive experience in the private banking industry, he will sustain and further accelerate the growth momentum of this strategically important region, strengthening our bank’s competitive market position and driving profitability. I would also like to thank Adrian Kyriazi for his outstanding achievements and commitment over the past years. He has played an integral part in the successful completion of the BSI integration and in transforming EFG into one of the top ten Swiss private banks. I look forward to continuing working with him in his new advisory role.”