KBL European Private Bankers (KBL epb) announced today the appointment of Paul Scholten as Group Chief Operating Officer and member of the Executive Committee, based in Luxembourg.

A highly experienced financial services professional, he most recently served as Chief Operating Officer at Theodoor Gilissen, KBL epb’s wholly owned Dutch private banking unit. Consequently, he brings affiliate experience and perspective to his new role, which will further strengthen the ties that bind the group’s 50-city European network.

Earlier, he served for three decades at ABN AMRO, holding a range of senior positions in Europe, the Middle East and Asia, rising to the post of COO, Retail & Private Banking.

“As he proved during his tenure at Theodoor Gilissen, Paul is a pragmatist with very strong analytical skills,” said Yves Stein, Group CEO, KBL epb. “He is also at ease in an international, multicultural environment and is especially skilled at bringing out the best in the teams that report to him.

“My Executive Committee colleagues and I are convinced that he will make a significant contribution to the group’s leadership team, supporting the realization of our vision to be recognized as a trusted partner and leading private bank everywhere we operate.”

“This is an exciting time for our group, as we continue to effect positive organizational change across our pan-European network,” said Scholten, a Dutch national who holds an MBA from the Rotterdam School of Business and a Master of Law from the University of Utrecht.

“Drawing upon my extremely positive experience in the Netherlands and supported by a wide range of expert professionals, I am delighted to assume this new role, putting my skills and insight to work for this dynamic group.”