euro adhoc: Bank Sarasin + Cie AG / other / Peter Sami joins Bank Sarasin as new head of the Logistics Division

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Management appointment

04.02.2008

On 1 May 2008 Peter Sami will take over as Head of the Logistics
Division at Bank Sarasin. He assumes the role from Joachim H.
Straehle, CEO of Bank Sarasin, who has been acting as temporary head
since September 2007. Peter Sami will also sit on Sarasin's Executive
Committee. Peter Sami´s main task in his new post will be to
continuously develop the bank´s logistical organisation and processes
so as to provide full and effective support for Bank Sarasin´s growth
strategy.

Sarasin´s Board of Directors has appointed Peter Sami the new Head of
the Logistics Division and member of the Executive Committee, with
effect from 1 May 2008. Peter Sami joins Bank Sarasin from Swiss
Financial Market Services AG, where he was CEO of the Securities
Services Division (formerly SIS Swiss Financial Services Group AG up
to 31.12.2007). Peter Sami has many years of experience and in-depth
industry knowledge, and is extremely well qualified to oversee the
Logistics Division´s pivotal role within the bank as it pursues its
dynamic expansion strategy.

Joachim H. Straehle, CEO of Bank Sarasin & Co. Ltd: "With Peter Sami
on board, I know that the management of the Logistics Division is in
extremely capable hands. I am therefore delighted that he will be
joining our management team. One of Peter Sami´s priorities will be
to implement the SaraFIT project (FIT = Future Information
Technology), which was launched in the summer of 2007. Under the
SaraFIT project, the direction of our IT Services has been analysed
to see how it fits in with our business strategy and future
requirements. Once these decisions have been implemented, our back
office processes should become even more cost-efficient. The
Logistics Division, under Peter Sami´s charge, will therefore make a
vital contribution towards us achieving the ambitious Group goals we
have set ourselves for 2010."

end of announcement euro adhoc
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ots Originaltext: Bank Sarasin & Cie AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Benedikt Gratzl, Head of Corporate Communications, Media Relations

Telephone +41 (0)61 277 70 88 e-mail: benedikt.gratzl@sarasin.ch

Branche: Banking
ISIN: CH0002267737
WKN: 872869
Index: SPI
Börsen: SWX Swiss Exchange / regulated dealing


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