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1998-1999 Award for
Distinguished Achievement Recipient
Hans J. Bär '45
When Hans J. Bär first came to Horace Mann School in 1941, he and his
mother, the second and third generations of a family that owned the only
significant Zurich bank founded by Jews, were fleeing the threat of a Nazi
invasion of their native country. He returned to the school on March 15,
1999 to accept the 1998-1999 Alumni Association Award for Distinguished
Achievement after an outstanding career for which he is globally
recognized in the banking and finance communities. On this side of the
Atlantic he may be most recognized for his role in bringing about an
investigation and ultimate settlement of Holocaust claims against Swiss
banks. Mr. Bär helped draft the 1996 agreement between the Swiss Bankers
Association and the World Jewish Congress, which established a commission
to oversee an audit of Holocaust-related accounts at Swiss banks. Many
credit him with leading the Swiss banking community to deal with this
issue. As Israel Singer, director-general of the World Jewish Congress,
said, "I was doing the heating up, and he was doing the resolving." In
addition to his work as a member of the Volcker Commission, more formally
known as the
Independent Committee of Eminent Persons (ICEP), which is overseeing the
audit, Mr. Bär holds the title of Honorary Chairman of Bank Julius Bär
Holding.
Bank Julius Bär Holding is regarded as one of the most prestigious of the
private Swiss banks. It spans the globe, with offices in London, Geneva,
Hong Kong, Paris, Frankfurt, Vienna, Munich, Montreal, and Los Angeles. It
has a federally chartered branch in New York, which was the first foreign
bank branch to be granted fiduciary powers by the U.S. Office of the
Comptroller of the Currency, allowing it to perform both banking and
securities-related functions.
During a special reception and dinner, Mr. Bär received the Award for
Distinguished Achievement after several remarks and recollections by
classmates, Robert Carneiro '45 and Bruce Dohrenwend '45, as well as
Pulitzer Prize winner and former recipient of the Award for Distinguished
Achievement in 1964, Anthony Lewis '44. David Jacoby '72, vice president
of the Alumni Council, made remarks to a crowd of over 120 guests
including three other past Award for Distinguished Achievement recipients:
Arthur H. Aufses, Jr. '42, Alvin M. Josephy, Jr. '32, and S. William
(Bill) Green '46. "I read many words that various writers have used to try
to describe Hans Bär: statesmanlike, diplomatic, influential, driving
force. But I think the single characteristic which perhaps most
distinguishes Hans Bär is what John Tagliabue of The New York Times
described as his ability in the last few years to put a human face on the
response to a tragic period in modern history," said Mr. Jacoby.
After receiving the award, Mr. Bär said, "It's a great honor to receive
the Award for Distinguished Achievement, especially as the first foreign
recipient. Thank you for the honor to come back after many years." He went
on to discuss recent difficulties in dealings between the United States
and Switzerland and ended with an appeal for fair and good citizenship on
the part of all world citizens.
Mr. Bär's visit to Horace Mann comes after a twenty year absence. "It
feels great to be back at Horace Mann," said Mr. Bär during a short
interview at the Alumni House and Development Office. "I knew very little
English when I came to Horace Mann. For me, the years here were my
formative ones. I learned everything here — I played the cello in the
orchestra, played tennis, and swam for the swim team, which I continued in
college." One of his most memorable teachers was Mr. William Nagle, who
taught Latin. "We had to buy green neck ties from him because he was
Irish. He was awe-inspiring and tough. The other great personality, of
course, was Mr. Tillinghast. Why he let me in to Horace Mann, I do not
know. As I mentioned, I knew very little English at the time," recounts
Mr. Bär.
After graduating from Horace Mann, Mr. Bär received a Bachelor of Science
degree in Industrial Engineering from Lehigh University, a Master of Arts
in Economics from New York University, and Visiting Fellowships at Oxford
University and at Harvard Center for International Affairs. In 1951, he
wrote a book on the banking system of Switzerland (Schulthess
Polygraphischer Verlag AG, Zurich) that went through five editions. In
1997, Lehigh University conferred upon him an honorary Doctor of Laws.
Over the years, Mr. Bär has held numerous leadership positions in banking
industry associations as well as in Swiss-American organizations.
This article is reprinted from the spring 1999 issue of Horace Mann, page
26.
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