Liechtensteinische Landesbank has appointed a Swisscanto manager and veteran of Zuercher Kantonalbank for its fund services business.

Bruno Schranz is taking responsibility for the fund services business at LLB Group, starting on July 1. He will also be the chairing the executive board of the LLB Fund Services unit, Liechtensteinische Landesbank (LLB) said in a statement today.

Schranz is replacing Natalie Epp, who will switch to the management of the Institutional Clients division at LLB.

Another Departure at Swisscanto

Previously, Schranz worked as deputy CEO of business development at the Swisscanto fund management and CEO of Balfidor fund management, two units of Zuercher Kantonalbank (ZKB). All in all, he worked for two decades at ZKB, where he was active in various managing positions.

After the takeover of Swisscanto by ZKB in March 2015, several experienced bankers left to join the competition.