Julius Baer (BAER) Finance Chief Evie Kostakis to Step Down
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowEvie Kostakis, CFO of Julius Baer Group (BAER), will step down after a transition period in the second half of 2026. She has held the position since 2022 and has been with the bank for 13 years, aiding in strategic improvements and operational efficiency. The bank continues to face challenges, including reported loan losses of SFr586 million ($742 million) following issues linked to the Signa group. This management change occurs amid ongoing regulatory assessments by FINMA, which may impact the bank's operations and share buybacks.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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