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Private bank appoints new chair

Tom Belger | 07:30 Wednesday 20th September 2017

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.”

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