Quintet Private Bank has named Dr. Thomas Henzel as its next group CEO, with the appointment effective in the second quarter of 2026.
Henzel is currently serving as Chief Risk Officer, Chief Financial Officer and member of the Executive Committee at Bank Vontobel in Switzerland.
He joined Wontoble in 2020 after his tenure as Chief Operating Officer at UBS Asset Management and UBS Europe, Middle East and Africa.
Earlier in his career, Henzel spent 12 years at McKinsey & Company in Zurich, San Francisco and other locations, advising major global financial institutions.
Hugo Benziger, Chairman of the Quintet Private Bank Board of Directors, said: “We are delighted to have attracted Thomas Henzel, a highly respected and recognized leader in our industry with extensive experience in global asset management.
He has proven his ability to design and successfully implement transformational strategic changes, he said. At the same time, he embodies an entrepreneurial spirit marked by ambition and drive.
“We are confident that Thomas and his future team will be able to quickly and consistently realize the vast potential of our group.”
Heinzel will succeed Chris Allen, who has led the quintet since 2022 and will leave the organization at the end of March 2026.
Benziger added: “The board of directors would like to thank Chris for his work for the group.
“During his tenure, he made a significant contribution to the steering quintet during challenging times, returning the bank to profitability year after year and laying the foundations for long-term growth.”
Based in Luxembourg, the quintet private bank operates in more than 30 cities in six countries. The bank serves high net worth individuals, family offices, foundations and institutional clients across the European Union (EU) and the UK.
It manages client assets in excess of €100bn (£117.4bn) and maintains a CET1 capital ratio of 21%. The quintet reported a net profit of €68m (€80m) in 2024.
The quintet did business under established local brands, including Merckfink in Germany and Insingergelissen in the Netherlands.
In January last year, the company appointed Christine Lynch as Group Chief Risk Officer and Member of the Authorized Management Committee.
“Quintet Private Bank Appoints Thomas Henzel as CEO” was originally created and published by Private Banker Internationala Global Data owned brand.
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