Julius Bär Announces Departure of CFO Evie Kostakis

Apr 10, 2026 16:20 UTC

JBAXY, JBARF

Medium term

Chief Financial Officer Evie Kostakis will exit her role to pursue a new international leadership opportunity. She is slated to remain with the firm through 2026 to facilitate a smooth transition.

Evie Kostakis stepping down as CFO
Departure driven by new international leadership opportunity
Transition scheduled for the second half of the year
Retention of Kostakis until year-end 2026 for stability
Successor announcement pending

Swiss wealth management firm Julius Bär has announced that Chief Financial Officer Evie Kostakis will be stepping down from her current position. According to the company, Kostakis is leaving the firm to pursue another international leadership opportunity. The transition process is expected to take place during the second half of the year. While the bank has not yet named a replacement, it stated that a successor will be announced in due course. To ensure operational continuity and a stable handover of financial responsibilities, Kostakis is scheduled to remain with the group until the end of 2026. This extended timeline suggests a managed departure intended to minimize disruption to the firm's financial leadership. From a market perspective, planned executive departures with long transition windows typically result in low volatility. Investors will likely focus on the credentials of the eventual successor and the bank's strategic direction during the handover period.