(9 March 2016 – Singapore) The head of Asian operations for Swiss bank BSI SA, Hanspeter Brunner, has “decided to retire,” the bank has indicated.
Neither the bank nor Brunner have provided additional information on the matter.
The Swiss bank on said Brunner’s responsibilities will be handed over to its Head of Private Banking Asia Raj Sriram.
BSI, which is based in Switzerland, historically catered to Italian clients. BSI brought on Brunner to help its expansion in Asia, after he joined the bank from the Singapore office of RBS Coutts in 2009.
The bank’s head count increased from 50 to 280 between 2009 and 2011, with BSI saying Brunner’s appointment was “an important part of its increasing presence in Asia.”