After 13 years at the helm of LGT Wealth Management, CEO Ben Snee has announced his decision to step down. He will hand over the leadership in early 2026 and will remain connected to the firm in a non-executive capacity thereafter. Heinrich Henckel, former long-serving CEO of LGT Bank Switzerland and a member of the Senior Management Board of LGT Private Banking, will assume the role of CEO – subject to regulatory approval.
Heinrich Henckel, an accomplished and seasoned executive in the financial sector, will take on the role of CEO at LGT Wealth Management UK. Having joined LGT in 2009, Henckel served as a member of LGT Bank Switzerland’s executive board, initially overseeing the Swiss and European client markets, before being appointed CEO of LGT Bank Switzerland from 2013 to 2023. His international experience includes roles at Baker & McKenzie in Hong Kong, Jakarta, and Zurich, as well as senior positions at the Swiss Stock Exchange, where he was CEO of the SWX Swiss Exchange and a member of the SIX Group Executive Board. He has also been an influential figure in the industry, serving as President of the Association of Foreign Banks in Switzerland and as a board member of the Swiss Bankers Association. Henckel will officially join LGT Wealth Management on 2 January 2026 and will take over as CEO on 1 February 2026. He is expected to hold the role for the next two to three years, allowing time for a seamless transition to a long-term successor.
Olivier de Perregaux, CEO of LGT Private Banking, commented: “We are very pleased that Heinrich Henckel has agreed to lead LGT Wealth Management. He knows LGT inside out, and as a member of the LGT Wealth Management UK Governing Board, he is already well acquainted with our business in the UK. I would like to extend my sincere thanks to Ben Snee for his outstanding commitment over the past 13 years. He has developed LGT Wealth Management into a leading firm in the UK market and has laid a strong foundation for the future.”
Ben Snee will be pursuing a new professional direction outside the financial sector while continuing to support LGT Wealth Management through his board roles. “Leading LGT Wealth Management has been the greatest privilege,” said Ben Snee, CEO of LGT Wealth Management. “What makes me most proud is the extraordinary team we have built, and the way we have always put our clients at the centre of everything we do. I am grateful to my colleagues for their dedication and to our owner for their unwavering support. While I am looking forward to pursuing a new path, I am delighted to remain connected to the firm in a non-executive capacity.”
H.S.H. Prince Max von und zu Liechtenstein, Chairman of LGT, added: “Since its foundation in 2008, Ben Snee has developed LGT Wealth Management into a major player in the UK’s wealth management industry. Under his leadership, the business has grown consistently, established a strong corporate culture, and significantly increased its client assets. I am deeply grateful to him for his contribution and am pleased that he will continue to support us in a non-executive capacity. In Heinrich Henckel, an experienced and long-standing banker with in-depth knowledge of both LGT and the industry, we are gaining a highly capable leader who will ensure the continued development of our UK business with skill and reliability.”
LGT Wealth Management UK is now among the ten largest wealth managers in the UK and remains a key pillar of LGT Private Banking’s international growth strategy.
