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    Home > Finance > Julius Baer, Siam Commercial JV appoints Adrian Mazenauer as CEO
    Finance

    Julius Baer, Siam Commercial JV appoints Adrian Mazenauer as CEO

    Published by Global Banking & Finance Review®

    Posted on February 4, 2025

    1 min read

    Last updated: January 26, 2026

    The image features Adrian Mazenauer, newly appointed CEO of SCB Julius Baer, overseeing the joint venture between Julius Baer and Siam Commercial Bank, highlighting his leadership role in wealth management.
    Adrian Mazenauer appointed CEO of SCB Julius Baer, a joint venture in finance - Global Banking & Finance Review
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    Quick Summary

    Adrian Mazenauer becomes CEO of SCB Julius Baer, a joint venture between Julius Baer and Siam Commercial Bank, following strategic changes in leadership.

    Adrian Mazenauer Appointed CEO of SCB Julius Baer

    (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)

    Key Takeaways

    • •Adrian Mazenauer appointed CEO of SCB Julius Baer.
    • •Mazenauer was previously head of wealth management in Thailand.
    • •Joint venture backed by Julius Baer and Siam Commercial Bank.
    • •Julius Baer plans to cut 400 jobs and reduce its executive board.
    • •Mazenauer brings extensive expertise in wealth management.

    Frequently Asked Questions about Julius Baer, Siam Commercial JV appoints Adrian Mazenauer as CEO

    1What is the main topic?

    The appointment of Adrian Mazenauer as CEO of SCB Julius Baer, a joint venture between Julius Baer and Siam Commercial Bank.

    2Who is Adrian Mazenauer?

    Adrian Mazenauer is the new CEO of SCB Julius Baer, previously head of wealth management in Thailand.

    3What changes are happening at Julius Baer?

    Julius Baer plans to cut 400 jobs and reduce its executive board size following a disappointing 2024 pretax profit.

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