Swiss private bank EFG International has trimmed the size of its executive committee to six members from 13 earlier as part of a realignment of its governance structure.

The new executive committee will include CEO Giorgio Pradelli, deputy CEO and head of investment solutions Renato Cohn, group chief compliance officer Vittorio Ferrario, COO Christian Flemming, chief risk officer Thomas Mueller, and CFO Dimitris Politis.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

At the same time, the bank also announced the formation of a new global business committee.

The business committee will consist of 13 members, including the executive committee members.

Other members of this committee include Asia head Albert Chiu, UK head Anthony Cooke-Yarborough, Latin America head Marcelo Coscarelli, Continental Europe head Adrian Kyriazi, head of markets Maurizio Moranzoni, head of Switzerland and Italy Franco Polloni, and chief technology officer Mark Bagnall.

Meanwhile, EFG also announced plans to combine its Swiss business under the sole leadership of Polloni. The business is currently split between two units. All the changes will be effective from 1 July 2018.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“After the successful and timely integration of BSI into EFG, our stated priority in 2018 is to optimise the organisation and drive forward the combined business to deliver sustainable growth. The realignment of our executive leadership teams is part of this process, and I am convinced that this more focused management structure will support us in reaching our strategic targets,” Pradelli noted.