Swiss private bank Clariden Leu has appointed Marcel Schmocker as its new head of legal and compliance, effective 1 January 2010.

Mr Schmocker, who will also become a member of Clariden Leu’s’ executive board, will succeed Rudolf Hugentobler, who will thereafter serve as the bank’s senior legal advisor.

For the last four years Mr Schmocker has been general counsel at SR Technics, having previously been general counsel at the Adecco Group.

Last week Clariden Leu named Raymond Chung and David Louie as the new co-heads of the bank’s North Asia operations. Mr Chung was formerly managing director, private wealth management at Deutsche Bank and Bankers Trust Company in Hong Kong, while Mr Louie was managing director, private wealth management at Deutsche Bank Hong Kong.

In other hires from Deutsche Bank last month, Chin Lit Yee was appointed as Clariden Leu’s new head of private banking for South East Asia, Soon Gek Chew was appointed head of portfolio management and investment strategy Asia, and Janice Lee was named chief credit officer South East Asia.