De Planta is to step down from his role as senior partner and hand over to a family member of the private bank.
Pictet this week announced that senior partner Renaud de Planta, will step down from the board of partners from 30 June 2024.
De Planta, who turns 60 this year, joined the Geneva-headquartered private bank in 1998 as managing partner and became its senior partner in 2019. His tenure has seen him direct a firm through the turmoil of the 2008 financial crisis and the 2020 pandemic.
As part of the change, de Planta will join the supervisory board of the group and the board of directors of Banque Pictet & Cie SA, effective 1 January 2025, pending regulatory approval.
“I am looking forward to this next step, which will keep me close to Pictet and allow me to give more time to my philanthropic activities. Looking ahead - also beyond June of next year - I am very confident about the future of Pictet. Our firm is very well positioned as a quality player,” de Planta said.
Marc Pictet, a family member of the bank, will take over from de Planta as senior partner on 1 July 2024. Marc Pictet joined Pictet in 2001 and has been a managing partner of the group since 2011. He co-heads Pictet Wealth Management and oversees the corporate office, the department that handles the strategic projects of the Group. He is also chairman of the supervisory board of Bank Pictet & Cie (Europe) AG. Previously Marc Pictet led Pictet Asset Services and Technology and Operations, among other responsibilities.
The bank, which was founded in 1805, marks its 219th anniversary