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2005 Annual Report Julius Baer Holding Ltd. - GAM Holding AG

2005 Annual Report Julius Baer Holding Ltd. - GAM Holding AG

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Corporate Center<br />

28<br />

Our model of sustainable corporate<br />

development gives us an effective<br />

instrument to continually optimize our<br />

corporate goal of generating the greatest<br />

possible added value for our clients,<br />

shareholders and employees as well as<br />

for other stakeholder groups on all levels<br />

of the organization in the spirit of<br />

sustainability.<br />

The <strong>2005</strong> financial year was primarily<br />

influenced by the acquisition of the<br />

three private banks Ehinger & Armand<br />

von Ernst <strong>AG</strong>, Ferrier Lullin & Cie SA and<br />

BDL Banco di Lugano as well as the<br />

asset manager <strong>GAM</strong> <strong>Holding</strong> <strong>AG</strong> from<br />

UBS. The aforementioned sustainability<br />

model, among other things, will play an<br />

important role in the successful integration<br />

of these new entities. The <strong>Julius</strong><br />

<strong>Baer</strong> Group will therefore dedicate part<br />

of its management resources to fundamentally<br />

cultivating and optimally applying<br />

the elements of sustainability in the<br />

new organization as swiftly as possible.<br />

The <strong>Julius</strong> <strong>Baer</strong> Group is convinced that<br />

a sustainable corporate design which<br />

stems from internal conviction will bring<br />

major advantages. It will therefore maintain<br />

its commitment to sustainability.<br />

Additional information on the sustainable<br />

development model of the <strong>Julius</strong><br />

<strong>Baer</strong> Group and its underlying principles<br />

is available at www.juliusbaer.com.

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