Falcon Private Bank Appoints New Global Head Of Private Banking

Falcon Private Bank has appointed Erich Pfister as its global head of private banking, effective January 1, 2015, it said in a statement on Monday.

Pfister joins the Zurich-based bank from Credit Suisse, where he was head market area United Kingdom and international, the statement said.

Falcon is owned by Abu Dhabi fund Aabar Investments, which in turn is majority-owned by International Petroleum Investment Company, a quasi-sovereign entity controlled by the Abu Dhabi government.