Julius Baer Group Ltd. has proposed Romeo Lacher for election as non-executive chairman of the board at the firm’s annual general meeting (AGM) in April.
He will replace Daniel J. Sauter, who has decided to step down after his 12 year tenure as a board member and seven years as chairman. Mr Sauter will continue as president of the Julius Baer Foundation Board.
The board of directors has also nominated Eunice Zehnder-Lai and Olga Zoutendijk for election to the board, as Andreas Amschwand and Gareth Penny are not seeking re-election.
All other current members of the board will stand for re-election.
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