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June 21, 2018

Falcon Private Bank bolsters senior management team

Switzerland’s Falcon Private Bank has named Matteo Maccio as its new CFO and Alastair Fiddes as its new COO.

Maccio will join Falcon on 1 December 2018 from Banque Cramer (former Valartis Bank).

Fiddes will join Falcon from Mubadala Development Company in Abu Dhabi, where he has been working for the past nine years. Fiddes will assume the new responsibility on 1 August 2018. Both Maccio and Fiddes will join Falcon’s executive committee.

At the same time, Falcon also appointed Marc Ritzl as head of human resources. Ritzl will join from Banque Internationale a Luxembourg (Suisse) on 1 September 2018.

Falcon has been embroiled in a corruption and money laundering scandal in Malaysia and since then has made several changes to its management team. In September last year, the bank appointed Martin Keller as its new CEO, replacing Walter Berchtold. In the same month, the bank also appointed Roberto Grassi as its new chairman, replacing Christian Wenger.

“These nominations are instrumental in laying a new foundation for our future development and growth. I am convinced that our new colleagues will make valuable contributions on our way forward and I’m looking forward to working with them,” Keller stated.

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