Credit: Quintet Private Bank

On Tuesday 16 December 2025, the Board of Directors of Quintet Private Bank announced the appointment of Dr Thomas Heinzl as Group Chief Executive Officer, with effect from the second quarter of 2026.

According to the bank, Dr Thomas Heinzl will take over from Chris Allen, who has led Quintet Private Bank since 2022 and will step down at the end of March 2026 to pursue a new chapter in his professional career.

The 55-year-old Dr Thomas Heinzl is currently Chief Financial Officer, Chief Risk Officer and a member of the Executive Committee of Bank Vontobel in Switzerland, as noted by Quintet Private Bank. He joined Vontobel in 2020 after having worked as Chief Operating Officer of UBS Asset Management and COO of UBS Europe, Middle East & Africa. Prior to this, he spent twelve years at McKinsey & Company in Zurich, San Francisco and other locations, ultimately becoming a partner advising leading global financial institutions. He studied computer science at ETH Zurich and business administration at the University of St Gallen (HSG), where he obtained his doctoral degree in 1998.

Hugo Bänziger, Chairman of the Board of Directors of Quintet Private Bank, said: “We are delighted to have attracted Thomas Heinzl, a highly respected and recognised leader in our industry who has extensive experience in global asset management. He has proven his ability to design and successfully implement transformative strategic changes. At the same time, he embodies an entrepreneurial spirit marked by ambition and drive. We are convinced that Thomas and his future team will be able to quickly and sustainably realise the extensive potential of our group.”

“The Board of Directors would like to thank Chris for his work for the group. During his tenure, he made a significant contribution to steering Quintet through challenging times, returning the bank to year-on-year profitability and preparing the foundation for long-term growth. We wish him every success in his future professional endeavours and personal life,” added Hugo Bänziger.