Danish group CEO of Luxembourg-based bank steps down

Quintet Private Bank has already found a replacement CEO, who will lead the company ”into the next stage of its long-term growth,” the company writes in a statement.

Photo: PR / Quintet Private Bank

Jakob Stott, Group CEO of Luxembourgh-headquartered Quintet Private Bank has decided to step down and will be replaced by Chris Allen on July 1, subject to regulatory approval.

Danish-born Stott joined Quintet in 2019 and has overseen key projects such as the merger of Quintet’s EU-based subsidiaries.

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