“With his [Soin’s] extensive experience in serving NRI clients across regions, we are confident that he will be in the best position to take our business to the next level,” Schaerer said.
Soin has 25 years of experience in the private banking industry and has previously worked with UBS Singapore. He has also worked with Deutsche Bank in India and various financial institutions in Dubai.
At UBS, he was the head of ultra high net worth individuals desk and deputy country head private wealth management.
He succeeds Daniel Maag who has taken over the role of senior client partner. Maag also reports to Schaerer and will focus on managing key client relationships, the firm said.
“Julius Baer is strongly committed to further expanding our business in the important growth market India,” Thomas Meier, region head Asia-Pacific said.
“This is a major component of the overall business strategy in our second home market Asia. With a view to the upcoming completion of our ongoing integration in India, we look forward to serving our most sophisticated Indian clients in a new, exciting setting,” Meier said.