LGT Wealth Management

Leadership change at LGT Wealth Management UK

After 13 years as CEO of LGT Wealth Management, Ben Snee has decided to step down. He will hand over leadership in early 2026, after which he will remain closely connected to the firm in a non-executive capacity. Heinrich Henckel, former long-standing CEO of LGT Bank Switzerland and member of the Senior Management Board of LGT Private Banking, will take on the role of CEO – subject to regulatory approval.

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Heinrich Henckel, a highly experienced financial industry executive, will take over as CEO of LGT Wealth Management in the UK. He joined LGT in 2009 and was, as a member of LGT Bank Switzerland’s executive board, initially responsible for the Swiss and European client markets, before serving as CEO of LGT Bank Switzerland from 2013 to 2023. Henckel gained international experience at Baker & McKenzie in Hong Kong, Jakarta and Zurich, and later held senior positions at the Swiss Stock Exchange, including CEO of SWX Swiss Exchange and member of the SIX Group Executive Board. He has also been active in key industry committees, serving as President of the Association of Foreign Banks in Switzerland and as a board member of the Swiss Bankers Association. Henckel will join LGT Wealth Management on 2 January 2026 and assume the role of CEO on 1 February 2026. He is expected to serve in this capacity for the next two to three years, providing ample time for a smooth transition to a permanent successor.

Olivier de Perregaux, CEO LGT Private Banking: “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 but will continue to support LGT Wealth Management through his roles on all board mandates. “Leading LGT Wealth Management has been the greatest privilege”, says Ben Snee, CEO 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 LGT: “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.”

Today, LGT Wealth Management UK is one of the ten largest wealth managers in the UK and remains a cornerstone of LGT Private Banking’s international growth strategy.

LGT in brief

LGT is a leading international private banking and asset management group that has been fully controlled by the Liechtenstein Princely Family for over 90 years. As of 30 June 2025, LGT managed assets of CHF 359.6 billion (USD 451.6 billion) for wealthy private individuals and institutional clients. LGT employs over 6000 people who work out of more than 30 locations in Europe, Asia, the Americas, Australia and the Middle East. www.lgt.com