People Moves

New CEO For Pictet's Singapore-Based Business

Tom Burroughes Group Editor 2 June 2016

New CEO For Pictet's Singapore-Based Business

There is a new CEO at the Swiss private bank's operations in Singapore.

Pictet’s banking operation in Asia has a new chief executive, Dominique Jooris.

Jooris is the new CEO of Bank Pictet & Cie (Asia), the Pictet Group’s private banking entity in Singapore, effective from 11 July, Pictet said in a statement. 

Claude Haberer, CEO Asia-Pacific, Pictet Wealth Management‎, had been supervising directly Pictet Wealth Management's activities in South and Southeast Asia since the departure of the previous local CEO in October 2015, a spokesperson for the firm told this publication.

In addition to his regulatory functions as CEO, Jooris will lead development of private wealth management for South and Southeast Asia. He will report to Haberer. 

Previously, Jooris worked at Goldman Sachs, where he held several prominent positions from 2005, most recently as managing director with responsibility for credit capital markets for Asia, working out of Hong Kong. 

He has more than twenty years’ banking experience, including a decade in Asia. During the more recent period he looked after clients across the region, developing solutions for their financing and tax-related needs at a corporate level and gaining experience of family-run businesses. He began his career at JP Morgan with the merger and acquisition group. 

Bank Pictet & Cie (Asia) has been operating in Singapore since 1995, securing a merchant bank licence in 2004. Pictet Wealth Management has more than 110 staff employed in Singapore and 90 in Hong Kong, where it has been present since 1986 and was awarded a banking licence in 2012.

 

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