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Bank J. Safra Sarasin AG

euro adhoc: Bank Sarasin + Cie AG
other
Bank Sarasin creates a new division "Trading & Family Offices", headed by Peter Wild

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Appointment
24.12.2008
Peter Wild (57) is to head up the new "Trading & Family Offices" 
division which Bank Sarasin & Co. Ltd will launch at the beginning of
2009. Peter Wild will join Bank Sarasin on 1 January 2009 becoming a 
member of the Bank´s Executive Committee.
By setting up a new business division dedicated to trading operations
and to serving the needs of Family Office clients, Bank Sarasin is 
enhancing its proximity to the market and its revenue potential. The 
Bank´s focus on Family Offices represents its move into a high 
potential and demanding client segment. Bank Sarasin´s Board of 
Directors has appointed Peter Wild as head of its new Trading and 
Family Offices division. With his profound know-how in the area of 
trading and his enormous experience in catering for the needs of 
Family Office clients, Peter Wild, former CEO of AIG Private Bank 
Zurich, will further strengthen Bank Sarasin´s position in these 
lines of business and at the same time contribute to the success of 
the Bank's growth strategy. Peter Wild starts working for Bank 
Sarasin on 1 January 2009.
Familiarity with the market as core competence "Peter Wild is a 
well-known figure and a highly experienced banker whose close 
familiarity with the market will be a valuable asset and perfect 
complement to our existing management team," comments Joachim H. 
Straehle, CEO of Bank Sarasin. "Peter Wild will facilitate our access
to the demanding client segment of Family Offices and help us expand 
our business activities in this field. At the same time he is 
expected to boost our performance in the area of trading. We look 
forward to working with him and we are confident that in his capable 
hands we will be ideally placed as we continue to successfully pursue
our focused growth strategy."
end of announcement                               euro adhoc

Further inquiry note:

Dr. Benedikt Gratzl
Head Corporate Communications
T.: +41(61) 277 70 88
Benedikt.Gratzl@sarasin.ch

Branche: Banking
ISIN: CH0002267737
WKN: 872869
Index: SPI
Börsen: SWX Swiss Exchange / regulated dealing

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