Kedge Capital Holdings, the Jersey-listed holding company for the Bertarelli Family Investments, has appointed Stefan Meister as chief operating officer, who will take office in September.

In the position, Meister will help develop the company’s investments as well as looking at the overall group strategy. 

Meister replaces Phil Swan, who is taking on a non-executive supporting role for the Bertarelli family members, the Swiss-Italian billionaire clan.

Meister’s career took off at Basel-based Novartis AG in 1991, before he embarked on a 16-year-long stint at his recent employer, Haniel Group, where he held positions such as chief financial officer and general manager of the group’s affiliates. He was latterly in charge of the corporate functions of finance, treasury, IT, corporate responsibility and purchasing as well as the portfolio companies CWS-boco and ELG.