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ZURICH, Jan 11 (Reuters) - Julius Baer Gruppe AG has hired Yves Bonzon to lead its newly created investment management division, the Swiss private bank said in a statement on Monday.
Bonzon was previously with Geneva-based wealth manger Pictet.
Bonzon joins Julius Baer after declining a post as chief investment officer at Swiss private bank BSI due to the struggles of its owner, Brazil's Grupo BTG Pactual SA , a BSI spokesman said earlier.
(Reporting by John Miller; Editing by Michael Shields)