Thu, Apr 24, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UBP appoints Michel Longhini as managing director of its private banking division

Thursday, July 15, 2010
Opalesque Industry Update - Union Bancaire Privée (UBP) announces the appointment of Michel Longhini, formerly head of BNP Paribas Wealth Management International, as Managing Director of its Private Banking division. Mr. Longhini, an internationally renowned wealth management specialist, will take up his position early September and will also have a seat on the Bank’s Executive Committee.

‘We are delighted that Michel Longhini is joining UBP,’ said Mr. Guy de Picciotto, CEO of UBP. ‘His global vision, management skills and vast experience in private banking, especially in the Asian markets, will be major benefits to our growth and development strategy.’ By appointing Mr. Longhini, UBP is reinforcing not only its growth and development strategy but also its commitment to its private clients. Mr. Longhini’s close ties with the Asia-Pacific region, where he worked for many years, will give us a key advantage at a time when the Bank is making the development of its business activities in emerging markets a central pillar of its growth strategy. Mr. Longhini’s primary mission will be to open up new markets in Asia, the Middle East and Eastern Europe, whilst continuing to grow the Bank’s overall Private Banking business. As a Member of the Executive Committee, he will contribute to adapting UBP to the new international economic and financial environment.

‘UBP is a leader in wealth management. I am excited about joining UBP’s teams of professionals in order to help develop the Bank’s private banking activities by capitalising on the company’s strong entrepreneurial culture,’ said Michel Longhini. He will be based in Geneva and will report directly to Guy de Picciotto.

Michel Longhini has more than twenty years’ experience in private asset management. In 2008 he became Director General of BNP Paribas’ international private banking operations in Paris. He had been a member of the Wealth Management division’s Executive Committee since 1999, first as Global Head of Financial Services and Products, then as the Regional Head of BNP Paribas Private Bank in Asia, based in Singapore. He is multilingual and an MBA graduate of the Ecole Supérieure de Commerce in Lyons.

Mr. Longhini’s arrival represents the last major appointment to UBP’s Executive Committee, following those of Richard Wohanka as CEO of Asset Management and Alternative Investments, Eftychia (La) Fischer as Head of Treasury & Trading and Ian Cramb as Chief Operating Officer. Corporate website: Source

- FG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. …And Finally – Flight attendant has passengers rolling in aisle[more]

    From Orange.co.uk: A video of a US flight attendant turning her safety talk into a comedy routine is proving a huge hit online. More than five million people have watched the clip of Marty Cobb which has her passengers rolling with laughter on a Southwest Airlines flight to Salt Lake City.

  2. Niche Investing – Wealthy investors flock to fine art funds[more]

    From Clickorlando.com: Wealthy investors looking to diversify beyond stocks and bonds are now turning to an unusual money-making vehicle -- the art investment fund. The name says it all: These funds invest in fine art and seek returns by acquiring and selling high-end pieces for profit. Growth

  3. Opalesque Exclusive: Rainwater and Blue Sky - an Australian water fund emerges[more]

    Bailey McCann, Opalesque New York: Financial reporters often tout new funds and investments as uncorrelated investments, but few can say they are uncorrelated to everything but weather. Enter Blue Sky Alternative's water fund which invests in the permanent rights to Australia's water. Sev

  4. University of Michigan allocates $242m to six managers[more]

    From PIonline.com: University of Michigan, Ann Arbor, invested or committed a total of $242 million to one traditional equity manager and five alternative investment funds from its $9 billion endowment. University regents approved the hire of Mittleman Investment Management to run $35 million in act

  5. Performance – Odey flagship hedge fund suffers brutal March as shorts rise, Blackstone first-quarter profit rises 30% on higher fees[more]

    Odey flagship hedge fund suffers brutal March as shorts rise From Valuewalk.com: The tide has turned for the worse for one of Europe’s best performing hedge funds. Crispin Odey’s flagship hedge fund, Odey European has suffered a 4.63% decline for the year after slipping 7.2% in March, ac