ADVERTISEMENT
LIVE DESK·Global markets desk·Last updated 14s ago
ADVERTISEMENT
Novara — A Smarter Way to Access Global Markets
Business/CompaniesArticle

Acrevis Bank Taps UBS Veteran Simon Wetter to Lead Private Banking

Acrevis Bank appointed former UBS and Credit Suisse executive Simon Wetter as head of Private Banking and management board member, effective November 1, 2026.

HV
Helena Vásquez · Business Desk · 25 Sept 2026 · 07:20 · 2 min read
Share
Acrevis Bank Taps UBS Veteran Simon Wetter to Lead Private Banking

Acrevis Bank has appointed Simon Wetter to lead its Private Banking division and join the bank's management board, effective November 1, 2026, the St. Gall-based regional bank said Friday.

Wetter succeeds Florian Keller, head of the Investment Center, who has led the Private Banking area on an interim basis since March. Keller served as deputy to Beat Stöckli, who departed the bank on March 15, 2026; Acrevis then cited personal reasons for the exit.

The appointment marks the third head of Private Banking in under two years at Acrevis. Stöckli had taken over the division only in early 2025, succeeding Sandro Schibli, who had led the unit since 2018 and remained with the bank as a senior client advisor.

Wetter joins Acrevis from UBS, where until the end of 2025 he ran the Entrepreneurs & Executives desk in Eastern Switzerland, managing advisory teams combining current and former Credit Suisse staff across St. Gallen, Frauenfeld, Kreuzlingen and Chur. Prior to that, he spent more than two decades at Credit Suisse, serving from September 2023 to June 2024 as head of Private Banking in Eastern Switzerland and overseeing the unit's integration into UBS. Earlier in his career, he worked in global Private Banking marketing at CS in Zurich, having begun as a tax advisor at PwC.

A native of Eastern Switzerland, Wetter studied business administration at the St. Gallen University of Applied Sciences and later earned an Executive MBA there. "We are very pleased to have secured Simon Wetter, a leading figure deeply rooted in Eastern Switzerland, for Acrevis Bank," said supervisory board chairman Patrick Vogler in a statement.

The Private Banking unit is growing in importance at Acrevis. In the first half of 2026, commission and services revenue rose 14.1 percent to CHF 16.4 million, lifting its share of total earnings to 34.9 percent. Assets under management grew 7.5 percent to CHF 11.2 billion, driven by organic growth and the integration of the former Regiobank Männedorf.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
Share this story
HV
Written by
Helena Vásquez
Business Desk

Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.

More from Helena Vásquez →
ADVERTISEMENT
ADVERTISEMENT