Merrill Lynch Wealth Management has announced the appointment of Patrick Ramsey as General Manager and Chief Executive Officer of Merrill Lynch Bank (Suisse) S.A. Ramsey will be based in Geneva, Switzerland, and reports to David Jervis, head of EMEA Merrill Lynch Wealth Management.

In his new role, Ramsey will also work closely with the other regional managing directors in Japan, Asia Pacific and Latin America. He will be responsible for the wealth management platform that already has been established at MLB(S), while continuing to attract new assets and develop new investment tools for the benefit of our clients. Additionally, one of his primary goals will be to deepen the relationship between MLB(S) and financial advisers globally.

Ramsey has 17 years of experience within the financial sector and joined Merrill Lynch in 2002. Most recently, he held the position of head of Europe Private Banking, in addition to his responsibilities as head of Family Wealth Solutions Group and head of Latam Private Banking. Prior to this, his roles at Merrill Lynch included deputy director of Sales for Global Private Client EMEA and senior portfolio strategist. Before joining the firm, Ramsey worked for a private bank in Geneva focusing on institutional asset management, including a two-year mandate to act as an investment officer at the United Nations Joint Staff Pension Fund in New York.

David Jervis, head of EMEA Merrill Lynch Wealth Management, said, “We see an increasing number of entrepreneurs, family offices and high net worth individuals relocating to Switzerland to benefit from the favourable regulatory, political and economic environment. Patrick is an experienced leader who will drive continued growth of MLB(S) within Switzerland and globally, a key component in the overall expansion of our banking services to clients.”