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01 July 2013

KBL epb appoints Jonathan Grosvenor as Head of Global Financial Markets 

Senior financial services professional brings international perspective and deep market insight to new role in Luxembourg

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KBL European Private Bankers (KBL epb) announced today the appointment of Jonathan Grosvenor, a financial services professional with over 25 years of international experience, as General Manager, Global Financial Markets, based in Luxembourg.

Offering a full range of solutions for institutional investors and professional traders, the Global Financial Markets department is one of the pillars of KBL epb’s franchise, complementing the pan-European group’s core business of private banking. Most recently, Grosvenor served as the Hong Kong-based Managing Director, Head of Corporate Clients, at BBVA, where he also began his professional career, serving first in London and then in Madrid. Between those two stints at the Spanishheadquartered group, he served for over a decade at WestLB, rising to the position of Joint Head of Global Financial Markets Asia, based in Singapore.

Commenting on this significant appointment, Frédéric Genet, CEO, Professional Services, KBL epb, said: “Jonathan Grosvenor is a dynamic individual, with proven expertise in a broad range of financial markets products. With a tremendous combination of skills, knowledge and truly international experience, I am confident that he will successfully lead the sustained growth of the Global Financial Markets department – actively contributing to our UHNWI-focused strategy.”

Grosvenor, a British national who holds a degree in modern languages and economics from London South Bank University, will lead a team of over 30 professionals in the Global Financial Markets department at KBL epb.

Today’s announcement follows a string of recent high-profile appointments at the Luxembourg-headquartered group, which aims to become a top 20 European 2 private bank by 2015, with a minimum of €50 billion in assets under management and €100 million in annual net profit.