Business divisions
| Private Banking |
| The Private Banking segment is responsible for the acquisition, service and support of customers in the global private client business. This division operates the Group’s locations in Switzerland (Basel, Berne, Geneva, Lugano, Lucerne and Zurich), Europe (Germany, Ireland, Poland, United Kingdom), the Middle East (Bahrain, Oman, Qatar and United Arab Emirates) and Asia (Hong Kong, India and Singapore). The business segment is jointly managed by Eric G. Sarasin and Fidelis M. Goetz. On 31 December 2011, Private Banking had a headcount of 673 employees (full-time equivalents). |
| Asset Management, Products & Sales |
| The Asset Management, Products & Sales segment provides services to institutional clients and distribution partners in the wholesale area at all the Sarasin Group’s locations. It also brings together investment and research expertise as well as product development. The fund management companies are therefore organised under this business segment. The APS segment is managed by the Chief Investment Officer (CIO), Burkhard P. Varnholt and on 31 December 2011 had a headcount of 338 employees (full-time equivalents). |
| Trading & Family Offices |
| The Trading & Family Offices segment handles the provision of advice to family offices and external asset managers at all Sarasin Group locations. It also looks after all securities transactions on behalf of the Group’s clients and monitors Sarasin’s liquidity and proprietary trading. The Trading & Family Offices segment is managed by Peter Wild and on 31 December 2011 had a headcount of 93 employees (full-time equivalents). |
| Corporate Center |
| The Corporate Center segment includes internal support functions in the areas of Logistics (IT, Operations and Facility Management) on the one hand, and the staff functions at the level of the Board of Directors and Executive Committee (Group Internal Audit, Corporate Communications, Corporate Marketing, Legal & Compliance, Human Resources, Accounting & Tax, Controlling, Risk Office, Credit und Corporate Finance) on the other. Peter Sami manages the Logistics division. The Corporate Center division is managed by the Group’s Chief Financial Officer, Thomas A. Mueller. On 31 December 2011, the total segment had a headcount of 460 employees (full-time equivalents). |
