Rothschild & Co has named Grégoire Salignon as head of its French private bank Rothschild Martin Maurel, replacing Alain Massiera.

Massiera will remain involved with Rothschild Martin Maurel in Europe in what the firm called “an active and strategic role”.

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Salignon joined Rothschild & Co in 2002 as a specialist in wealth planning.

In 2023, he became deputy chief executive of Rothschild Martin Maurel.

He was named Dirigeant Effectif in 2025.

In that position, he assumed responsibility for regional private clients and corporate advisory, alongside duties already under his remit, including wealth planning, family office, insurance front office and business development.

From 12 April, he started overseeing the firm’s wealth management operations in France, Belgium, Luxembourg, Italy and Monaco.

Massiera has been in charge of Rothschild Martin Maurel’s wealth and asset management activities since 2011.

The company said that during his tenure the bank changed its structure and operations, including through its merger with Banque Martin Maurel.

It also said assets under management increased by 6.5 times over that period.

Massiera will continue working with the management team, some major clients and selected prospects.

He is also set to take part in expansion projects, including the launch and development of Rothschild Martin Maurel’s branch in Italy, as well as support for the group’s Monaco subsidiary.

Rothschild & Co executive chairman Alexandre de Rothschild said: “I am delighted that Alain Massiera and Grégoire Salignon have accepted these new leadership roles within Rothschild Martin Maurel. This transition, long in preparation, is part of the continuity of the work carried out by Alain Massiera and ensures management stability in line with our clients’ expectations. Wealth Management is a key pillar of Rothschild & Co, driven by a long-term vision and a constant commitment to serving the families and entrepreneurs we support.”