People Moves
Prominent Swiss Bank Figure Joins Banque Cramer As CEO
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The newly appointed CEO has held C-suite positions at a number of banks in a career spanning more than 30 years.
Banque Cramer & Cie has appointed prominent Swiss banker Eric Pfister as chief executive.
Pfister, with more than three decades’ industry experience to his name, worked for more than 20 years at Credit Suisse in roles including head of UK International. He was head of Middle East and Asia at Clariden Leu. Most recently, he was global head of private banking at Falcon Private Bank, before moving to ODDO BHF (Switzerland) in 2018 where he was the CEO.
Prior to Pfister's arrival, the bank was managed jointly by the three members of the executive committee (Marc-Henri Balma, André Mankowsky and Stéphane Poulin). Cedric Anker was CEO from 2017 to 2019 when he left for Bordier. After this, Stephan Keiser was CEO ad interim until he left at the end of 2020 to head Gonet’s new Zurich office.
“Having optimised its operations and streamlined its costs, the bank can now focus on its core business and is well equipped to become a leading player in its market segment,” Pfister said in a statement.
Geneva-based Banque Cramer & Cie last May said that its 2020 figures showed a “marked improvement” after a revamp of operations following a testing period. Operating profit more than tripled. In 2020 the group focused on its Swiss platform, concentrating its expansion efforts on its priority markets: Eastern Europe and Russia, as well as Latin America. Besides Geneva, the bank has offices in Zurich, Lugano and Lausanne and an affiliated company in Nassau.