Falcon Private Bank has appointed a well-know banker who used to work many years for Credit Suisse, as its new Global Head Products & Services and Member of the Executive Board.
Arthur Vayloyan, a senior professional with a proven international track record and almost 25 years of banking experience joins Falcon Private Bank after a long-standing career at Credit Suisse. The move is effective December 1, 2016, according to a press release sent on Monday.
He pioneered Credit Suisse's investment opportunities in microfinance and the creation of the award winning advisory process. He held various management positions at Credit Suisse, including Global Head of Investment Services and Products, Head Private Banking Switzerland and Global Head External Asset Management. He holds a Ph.D. in Physical Chemistry from the University of Berne and an MBA from INSEAD.
The CS-Connection
As a Member of the Bank's Executive Board, Vayloyan will report to Walter Berchtold, CEO of Falcon Private Bank, who is also a former high-ranking CS-banker. Erich Pfister, the Global Head Private Banking is a former Credit Suisse banker too.
Berchtold said of the appointment: «The appointment of Arthur Vayloyan, a very senior private banking professional and expert in the field of investment products and innovation, complements our Executive Board perfectly. He will be responsible for redesigning our products and services strategy, enhancing our digital capabilities and supporting the Bank on its path of transformation to future growth.»
Commenting on his appointment Vayloyan said: «I am convinced that the Bank holds a remarkable potential for future innovation and growth and I am looking forward to be part of this exciting transformational endeavour.»
The Executive Board of Falcon Private Bank will consist of:
- Walter Berchtold (CEO)
- Urs Zgraggen (CFO)
- Erich Pfister (Global Head Private Banking)
- Arthur Vayloyan (Global Head Products & Services)
