Former Julius Baer CEO Makes Comeback in Finance
Forced out of Zurich’s storied private bank by the Signa scandal, Philipp Rickenbacher is now orchestrating a comeback in the financial world.
Philipp Rickenbacher is set to become Chairman of the Board of Directors at CVVC, a blockchain investor based in Zug and operator of global ecosystem CV Labs.
Rickenbacher succeeds Alex Wassmer, who will remain with the company as Vice Chairman.
Driving International Expansion Forward
In recent years, the company has developed into an international venture capital specialist focusing on early-stage financing and the development of a blockchain ecosystem. The company has supported 75 start-ups to date and is active in seven countries, including South Africa, Portugal, and the UAE, according to a press release published on Friday.
With Rickenbacher at the helm, the company has developed into an international venture capitalist specializing in early-stage financing and the development of blockchain ecosystems. The company has supported 75 start-ups to date and is active in seven countries, including South Africa, Portugal, and the UAE, according to a press release published on Friday.
«Recognize the Need for New Models»
«After decades at the forefront of traditional finance, I clearly recognize the need and opportunity for new models of trust and efficiency. CVVC has created a strong foundation and proven that blockchain investments can be both strategic and responsible,» says Rickenbacher.
Rickenbacher was most recently CEO of Julius Baer. He had to leave his post in February 2024 due to the debacle surrounding René Benko's Austrian real estate group Signa. Rickenbacher has led Julius Baer since 2019.
