Bank Julius Bär Deutschland undergoes restructuring
Julius Bär Germany AG, a leading wealth management institution with a presence in major German cities, has announced a significant change in its executive team. Markus Mrasek, an experienced executive within the organisation, has been appointed as the new Chief Operating Officer (COO), effective August 1, 2025.
Mrasek, who has been with Julius Bär Germany since 2011, brings a wealth of knowledge and experience to his new role. His career at the bank has seen him assume various positions, providing him with a broad understanding of the bank's different areas. His appointment as COO highlights his expertise and strong leadership within the bank's internal ranks.
Mrasek will succeed Cornelia Thum in this position and will work alongside Axel Hoffmans, the CEO, and Thomas Falk, who continues as Chief Financial Officer (CFO) and Chief Risk Officer (CRO). Hoffmans expressed delight in securing Mrasek for the COO position, acknowledging his significant contributions to the bank's success.
In a related move, Markus von Wallenberg-Pachaly has joined Julius Bär Germany in February 2025. He brings expertise in serving internationally active Ultra High Net Worth Individuals (UHNWI) clients and family offices. Von Wallenberg-Pachaly will take over the management of a branch in Frankfurt, succeeding a position previously held by Markus Mrasek.
The bank is also expanding its direct customer contact, with Jonas Hemrich strengthening the Würzburg branch since April 1, 2025. Hemrich previously held the position of Regionsleiter Wealth Management and Private Banking in Würzburg at Commerzbank. Michael Ibron, who comes from HSBC, has joined the team of Markus von Wallenberg-Pachaly at Julius Bär Germany AG in the first quarter of 2025. Ibron will focus on internationally oriented family entrepreneurs at Julius Bär.
Dr. Stefan Spieler, who has been responsible for the strategic business development of the bank since January 2025, will also take on responsibility for the new Germany Global Products & Solutions (GPS) division in addition to his current role. However, a successor for von Wallenberg-Pachaly in his previous position has not yet been announced.
Julius Bär Germany AG, a 100% subsidiary of the Julius Bär Group in Zurich, has branches in Berlin, Düsseldorf, Hamburg, Hannover, Kiel, Mannheim, Munich, Stuttgart, and Würzburg in addition to its headquarters in Frankfurt am Main. The bank's expansion and strategic appointments reflect its commitment to providing exceptional wealth management services to its discerning private clients and entrepreneurs.
Mrasek's expertise and leadership have been recognized within the banking-and-insurance industry, as he ascends to the role of Chief Operating Officer (COO) at Julius Bär Germany AG, following a successful career within the organization. In the finance sector, Markus von Wallenberg-Pachaly has joined the bank to manage a branch in Frankfurt, replacing Mrasek who moved to oversee internationally active Ultra High Net Worth Individuals (UHNWI) clients and family offices.
