The committee is designed to focus on how the Julius Baer and Merrill Lynch businesses - Julius Baer bought the ML arm last August - can be combined smoothly.

The bank plans to complete the integration by 2014.

The five committee members are: Winthrop Smith, former executive vice president of Merrill Lynch & Co and chairman of Merrill Lynch International; Alfred Berger, former chairman of Merrill Lynch Bank (Suisse) and Merrill Lynch Capital Markets; Jose Malbran, former chairman of Merrill Lynch’s Latin America, Europe, Middle East and Africa private client group and Merrill Lynch International Bank; Raymundo Yu, former chairman for Asia-Pacific at Merrill Lynch International and current chairman for Asia-Pacific for Threadneedle Investments; and Makram Zaccour, former chief executive of Merrill Lynch in the Middle East. Between them they have over 180 years of experience with Merrill Lynch. The committee will be jointly chaired by Julius Baer chief executive, Boris Collardi, and Smith.