EFG International names former Credit Suisse employee as Israel CEO (updated)

EFG International AG

18/09/2023 07:07

(Adds company comment, details on Israel team, paragraphs 2-4.)
       ZURICH, Sept 18 (Reuters) - EFG International  EFGN.S 
on Monday said it had opened an office in Tel Aviv and appointed
former Credit Suisse employee Joseph Wolf as chief executive of
the Swiss private bank's Israel subsidiary.
    "In his new role as CEO of EFG Wealth Management (Israel)
Ltd, Joseph Wolf will work alongside Michael Dadoun, who has
been appointed as Head of Private Banking Israel," EFG said.
    Wolf and Dadoun both joined the Swiss bank in September from
Credit Suisse, it said. Reuters in June quoted sources familiar
with the matter saying that the two would move to EFG.
    Their team at the new wealth management advisory business in
Israel includes three client relationship officers and one
investment counsellor, EFG said. 


 (Reporting by Noele Illien; Editing by Rachel More and Edmund
Klamann)
 ((Noele.Illien@thomsonreuters.com; +41 41 528 39 73;))