Bernstein Bank PLC, an asset manager and provider of global investment research, has appointed industry veteran Patrick Oerer as its newest Executive Director of Sales and Business Development, Finance Magnates has learned.
Bernstein Bank PLC has recently made a foray into the foreign exchange (FX) and contracts-for-difference (CFDs) market, which now provides a more comprehensive portfolio of products and services to both institutional and private clients. Per the new appointment, Mr. Oerer will play an instrumental role in the development of these new businesses for the Munich-headquartered group.
Mr. Oerer joins the group with immediate effect and has over a decade of experience in the financial services space. This includes senior level roles with a number of brokers and banks in leading global hubs such as Zurich, Istanbul, London, and Dubai.
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Prior to joining Bernstein Bank, he worked at BMFN Group as Managing Director in several roles and positions, part of a six-year tenure with the group. Additionally, he also worked at UniTrader in Dubai to serve as its Managing Director of BMFN’s local partner company, Noor Capital.
According to Heiko Seibel, Managing Director of Bernstein Bank, in a recent statement on the appointment: “We have established a great team of experienced and seasoned people and we are extremely pleased to have Patrick on board as he brings a wealth of experiences.”
“We see a tremendous upside potential with Patrick leading sales activities and carrying responsibilities for business development. Patrick is a dynamic professional, with extensive depth of experience in the industry. He brings outstanding management, sales & relationship skills, and he’s certainly the right person to boost our business activities,” he added.
“I see excellent opportunities for Bernstein Bank with its combined business model serving both, retail and institutional markets with the high security standards of a bank. I’m highly motivated to develop Bernstein’s business activities and promote our premium services within the industry,” explained Mr. Oerer.