Finance
Julius Baer, Siam Commercial JV appoints Adrian Mazenauer as CEO
Published by Global Banking & Finance Review®
Posted on February 4, 2025
1 min readLast updated: January 26, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 4, 2025
1 min readLast updated: January 26, 2026
Adrian Mazenauer becomes CEO of SCB Julius Baer, a joint venture between Julius Baer and Siam Commercial Bank, following strategic changes in leadership.
(Reuters) - SCB Julius Baer on Tuesday said it has appointed Adrian Mazenauer, currently the head of its wealth management business in Thailand, as its CEO.
Mazenauer, who is also the company's deputy CEO, will be heading the joint venture backed by Swiss wealth manager Julius Baer and Thailand's Siam Commercial Bank.
The news comes shortly after Julius Baer announced plans to cut 400 jobs and shrink the executive board to five from 15, after posting a worse-than-expected 2024 pretax profit.
"His extensive expertise, deep understanding of the local wealth management landscape, and dedication to excellence make him the ideal leader to guide SCB Julius Baer into its next chapter," Siam Commercial Bank CEO and Chairman Kris Chantanotoke said.
(This story has been refiled to correct the spelling of Siam Commercial in the headline and paragraph 2)
(Reporting by Nichiket Sunil; Editing by Varun H K)
The appointment of Adrian Mazenauer as CEO of SCB Julius Baer, a joint venture between Julius Baer and Siam Commercial Bank.
Adrian Mazenauer is the new CEO of SCB Julius Baer, previously head of wealth management in Thailand.
Julius Baer plans to cut 400 jobs and reduce its executive board size following a disappointing 2024 pretax profit.
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