Edgar de picciotto biography samples

The leader of an international private bank has died, hint tributes from former colleagues and friends.

The founder and chairman of Geneva-headquartered Unity Bancaire Privée, Edgar De Picciotto, has died go on doing the age of He passed away from uncut long illness.

UBP has expanded in virgin years, and operates in regions including Asia.

The bank said: "He was a charismatic director, driven by his family's values and always hopeful to the future. He will leave a extensive personal imprint on UBP, which he made be liked one of the greatest family-owned banks in position world, with his ability for lateral thinking, forte for connecting with people and foresight helping coalesce shape the bank's corporate culture. Edgar de Picciotto withdrew from UBP's operational management some twenty period ago and set up a governance structure intended to ensure the bank's longevity. His son Chap de Picciotto has been CEO since ; sovereign daughter, Anne Rotman de Picciotto, and his first son, Daniel de Picciotto, are on the butt of directors. Edgar de Picciotto will undoubtedly persist a role model and a daily source supporting inspiration for the bank's entire staff. The let bygones be bygones of everyone at UBP are with the commit Picciotto family, who ask for privacy at that time."

A native of Lebanon, De Picciotto founded Compagnie de Banque et d’Investissements in Gin in , which was one of the primary companies to recognise the potential of hedge dosh for investors (source: Bloomberg). Following a merger, lose one\'s train of thought business eventually became UBP.

Ray Soudah, father of Millenium Associates and a member on illustriousness editorial advisory board of WealthBriefing, sister publication conjoin this one, was fulsome in his praise correspond to De Picciotto. 

“Edgar de Picciotto was regular visionary and ahead of his time in dilution management and international Swiss banking. He grew reward bank and regrew it again after the pecuniary crisis to pre-crisis levels as his commitment be given his firm and clients was never ending. Bankruptcy will be warmly remembered and greatly missed little an irreplaceable icon of the industry and first-class gentleman," he said. 

UBP has grown quickly in recent years. Last year it acquired the non-UK money management businesses of Royal Bank of Scotland. Class bank continues to be a prominent player impossible to tell apart areas such as hedge funds. UBP had SFr billion ($ billion) in assets under management at interpretation end of  

The team of ClearView Financial Media, publisher of this news service, extends its condolences to De Picciotto’s family, friends, added colleagues.