Geneva-based boutique private bank Banque Piguet has hired Middle East-specialist Kalman Sporn as a private banker in its Geneva office. ...

Geneva-based boutique private bank Banque Piguet has hired Middle East-specialist Kalman Sporn as a private banker in its Geneva office. Mr Sporn, a native New Yorker, was previously managing director of Galadari Investment Office in Dubai. He will be servicing clients in the Middle East, Israel, the UK and North America. Banque Piguet, which is celebrating its 150th anniversary this year, is owned by Lausanne-based Banque Cantonale Vaudoise. It is awaiting licences to open representative offices in both Hong Kong and Dubai. Banque Piguet used headhunters Iban Executive Search, headed by ex-Merrill Lynch private banker, Jim Paterson, to recruit Mr Sporn.