Haeberli, who has been head of private banking at BCV since 2009 and will continue in that role, succeeds Olivier Steimer, who will remain as chairman of BCV.

At the end of last month, Piguet Galland appointed Olivier Calloud as chief executive. Calloud has been chief operating officer of Banque Franck Galland & Cie and thereafter of Piguet Galland & Cie for the past year. Before joining Franck Galland & Cie in 2005, he spent eight years at Aurthur Andersen, followed by three years at Lombard Odier in Geneva.

Geneva-headquartered BCV, with SFr77.1 billion ($85 billion) in client assets, logged a net profit of SFr301 million for 2011, down from SFr314 million for 2010.