For its 30th anniversary, Syz Bank appointed a new chief executive. Since February of this year, Nicolas Syz, the son of founder Eric Syz, has been leading the Geneva-based private bank. Before taking over as CEO, Syz — who previously worked for UBS Wealth Management — spent nine years in various roles within the family business, including business development and head of wealth management.

«I thought very carefully about taking this step and only put my name forward later in the selection process,» the newly appointed CEO said in an interview with finews.

Mr. Syz, you took over the operational leadership of the bank in February. What does it feel like to step into such a role — especially in a family-owned business?

With a great deal of respect. The bank has been built very successfully over the past 30 years and has a strong DNA. Many employees have been with us for more than 25 years and helped shape that culture. You need to carry that momentum forward.

Was it always clear that you would one day take over the reins?