Reuss Private Group expands leadership team and appoints Raoul Weil as CEO
Wilen, 24 January 2021 – Change at the top of Reuss Private Group:
Raoul Weil takes over as CEO from Felix Brem, who is stepping back from
day-to-day business operations and moving to the Board of Directors. In
addition, German nationals Georg Kornmayer and Christoph Drießen join the Executive
Board.
In response to the dramatic
growth of recent years, Reuss Private Group is restructuring and enlarging its
leadership team. This move goes hand in hand with a change at the top of the
company: Felix Brem, long-standing CEO and co-founder of Reuss Private Group,
is stepping back from day-to-day business operations and moving to the Board of
Directors. He is succeeded by Raoul Weil, who served on the Group’s Board of
Directors prior to this move. The new Executive Board line-up will see Georg
Kornmayer (Country Manager for Germany) and Christoph Drießen (Group CFO) serving
alongside Felix Ronner (CIO) and Roman Neff (Country Manager for Switzerland).
The appointments are pending the approval of the competent supervisory authority.
Felix Brem moving to the Boards of Directors of
Reuss Private Group and Reuss Private AG
Felix
Brem expressed the wish to step back from the Executive Board of Reuss Private
Group for personal reasons. As a significant anchor shareholder, he continues
to play a role in defining the strategic direction of the Group. “Reuss Private
Group and its subsidiaries are very well established. I am convinced the Group can
maintain its current level of growth,” added Felix Brem.
Dr Daniel Heller, Chairman of
the Board of Directors of Reuss Private Group, thanked Brem for his
long-standing involvement: “As co-founder, Felix has been instrumental in
shaping the Group’s development. Among other achievements he is responsible for
its impressive growth, which I might add was achieved without mergers,
acquisitions or takeovers. I am delighted that we will continue to benefit from
his expertise on the Board of Directors.”
Raoul Weil takes over as CEO
Raoul Weil, previously member
of the Reuss Private Group Board of Directors, succeeds Felix Brem as CEO. His
career mileposts include periods as Chairman and CEO Global Wealth Management
& Business Banking as well as Group Executive Board member of UBS. Raoul
Weil has been Managing Partner of Reuss Private Group since 2010.
Georg Kornmayer and Christoph Drießen join the
Executive Board
Georg Kornmayer has served as
Managing Director of the broker pool FONDSNET since 2006 and brings with him
more than 20 years of experience in the financial services sector. He has also been
a Director of Reuss Private Holding, which handles all of the international
group’s activities in Germany, since 2021. His Board colleague Christoph
Drießen joined the Group as CFO in 2019; he likewise offers over 20 years of
management experience in the financial services and investment sector,
including as Head of Division and Projects at Axa Konzern AG.
Maintaining growth trajectory with an expanded
leadership team
Reuss
Private Group is enjoying sustained strong growth. 2020 saw new record levels
of both assets under management (EUR 32 billion) and revenue (EUR 173 million).
Over each of the past five years, annual growth rates have been consistently
above 20 percent. This development continued in 2021. “Felix Brem has set the
bar extremely high with this above-average growth. Going forward, the expanded
team of directors means we are now excellently placed to maintain this course
and even exceed expectations. I relish this challenge,” remarked Raoul Weil on
his new task.