Swiss private bank Pictet’s managing partner Bertrand Demole is leaving the firm at the end of June.
He is stepping down after 12 years as a managing partner and 22 years at the firm in total.
He will continue in his role as a non-executive vice chairman on the board of Pictet Alternative Advisors Holding SA, the business he spent 20 years developing.
Meanwhile, in its unaudited fill year results the firm announced a 2.0 percent decrease in operating in...