Falcon Private Bank has elected Roberto Grassi as its new chairman with immediate effect.
Roberto has held various management positions in renowned international companies and since 2001 has been the CEO at Fidinam Group.
Falcon Private Bank also revealed that after more than 12 years, Christian Wenger has decided to step down from the board of directors.
The bank's board members paid tribute to Christian's work and he will now support Roberto during a transition period to ensure a smooth hand over.
“We are delighted to welcome Roberto Grassi as the new chairman of our board and we are convinced that thanks to his profound knowledge of the financial industry, he will make a significant contribution to our future development and the growth of our bank,” said Cyril Latroche, vice-chairman of Falcon Private Bank.
Roberto said he was confident about Falcon's ability to create sustainable value for clients, employees and shareholders.
“As chairman of the board of directors, I look forward to working closely with our CEO Martin Keller and the management to lead Falcon towards the future path.”
Falcon provides financial services to private clients from its headquarters in Zurich as well as offices in London, Abu Dhabi, Dubai and Luxembourg.
“Together with Roberto Grassi and the board of directors, our management team and staff are fully committed to drive forward our transformation to future growth,” added Martin.
“We will continue to focus on initiatives strengthening our position as a wealth manager embracing digital innovations and a differentiated product offering for the benefit of our clients.”
-
Temenos partners with ClearBank for cloud payments
Banking software company Temenos has formed a strategic relationship with ClearBank to provide banks with a faster route to market for real-time cloud payments...
-
Unity Trust Bank registers 34% rise in profits
Unity Trust Bank increased profits by 34% in 2019...
-
Believe the hype – why explainable AI is a trend that’s here to stay
Technology has become a ubiquitous part of our day-to-day lives...
-
Piloting tech updates: ‘The bigger the bank, the harder it is to get anything done’
In the latest Medianett filmed roundtable session, we discussed how important technology is in the banking space, and what impact the industry expects it to have on its businesses in the future...
-
What banks need to know about cloud security
One of the most common perceived concerns when adopting the cloud is the issue of security...
-
OakNorth sees 95% increase in pre-tax profits
OakNorth Bank has announced a 95% rise in pre-tax profits in 2019 to £65.9m, up from the £33.9m recorded in 2018...
-
Redwood Bank signs up to Women in Finance Charter
Redwood Bank has announced that it has signed up to the Women in Finance (WIF) Charter...
-
Masthaven launches digital Women in Leadership programme
Masthaven Bank has launched a new Women in Leadership digital development programme for female senior leaders...
-
Protecting against supply chain disruption and the domino effect
Disappointingly, many UK SME business owners don’t understand their supply chains...
-
Confused about which Isa to choose? Hopefully this mini-guide will help…
We are now firmly in Isa season, so you’re likely to read multiple articles about the most competitive Isa products in the market and how best to make the most of your Isa allowance before the end of the tax year...
-
Garden shed entrepreneurs contribute £16.6bn to the UK economy
Entrepreneurs who run their businesses from garden sheds contribute £16.6bn annually to the UK economy, according to a recent study...