SCB Julius Baer CEO Peerapong Jirasevijinda has decided to step down from the position, effective immediately, due to personal reasons, according to the report from the Asian Private Banker.
Jirasevijinda took on the role in April from Litphat Toranavikrai, former CEO of SCB Julius Baer, who is now a member of the board of directors of SCB Julius Baer.
According to an internal memo, deputy CEO and head of wealth management Adrian Mazenauer will take on the role of interim CEO, subject to regulatory and SCB Group approval.
Mazenauer took on his expanded role in August to drive the growth of the business for high-net-worth clients in Thailand.
He has been an integral part of the SCB Julius Baer leadership team since 2019 and has played a pivotal role in shaping their strategy.
In Thailand, the joint venture combines Julius Baer’s global expertise with SCB’s local insights, offering bespoke investment strategies, portfolio management, and wealth planning. According to APB estimates, SCB Julius Baer is ranked as the top foreign private bank in Thailand.
SCB Julius Baer has appointed Adrian Mazenauer as Deputy Chief Executive Officer as Deputy CEO on 30 August 2024 to lead the development of best-in-class investment solutions to cater to the needs of high-net-worth clients in Thailand.
