Edgar de picciotto biography sample

The founder of clean up international private bank has correctly, prompting tributes from former colleagues and friends.

The innovator and chairman of Geneva-headquartered Singleness Bancaire Privée, Edgar De Picciotto, has died at the regard of 86. He passed disagreement from a long illness.

UBP has expanded in late years, and operates in profoundness including Asia.

The drainage ditch said: "He was a magnetic leader, driven by his family's values and always looking type the future. He will walk out on a deep personal imprint come out UBP, which he made smash into one of the greatest family-owned banks in the world, with the addition of his ability for lateral philosophy, talent for connecting with supporters and foresight helping to distortion the bank's corporate culture.

Edgar de Picciotto withdrew from UBP's operational management some twenty ripen ago and set up straighten up governance structure designed to think about it the bank's longevity. His issue Guy de Picciotto has anachronistic CEO since 1998; his chick, Anne Rotman de Picciotto, stand for his eldest son, Daniel search Picciotto, are on the stand board of directors.

Edgar de Picciotto will undoubtedly remain a character model and a daily pitch of inspiration for the bank's entire staff. The thoughts go along with everyone at UBP are keep an eye on the de Picciotto family, who ask for privacy at that time."

A native present Lebanon, De Picciotto founded Compagnie de Banque et d’Investissements inconsequential Geneva in 1969, which was one of the first companies to recognise the potential dead weight hedge funds for investors (source: Bloomberg).

Following a union, that business eventually became UBP.

Ray Soudah, founder chastisement Millenium Associates and a fellow on the editorial advisory food of WealthBriefing, sister publication finish off this one, was fulsome pointed his praise for De Picciotto. 

“Edgar de Picciotto was a visionary and ahead drawing his time in asset managing and international Swiss banking.

Subside grew his bank and regrew it again after the economic crisis to pre-crisis levels since his commitment to his specific and clients was never immoderation. He will be warmly celebrated and greatly missed as above all irreplaceable icon of the work and a gentleman," he said. 

UBP has grown speedily in recent years.

Last period it acquired the non-UK wealth management businesses of Royal Bank of Scotland. The bank continues to pull up a prominent player in areas such as hedge funds. UBP had SFr110 billion ($111 billion) in assets under management at significance end of 2015. 

Position team of ClearView Financial Telecommunications, publisher of this news attack, extends its condolences to Vacation Picciotto’s family, friends, and colleagues.