The Swiss wealth arm of Crédit Agricole has made another hire from BNP Paribas in Geneva to manage its family office and ultra-wealthy clients in Europe, Middle East and Asia markets.
In a newly-created role, Indosuez Wealth Management in Switzerland has appointed Emile Salawi as head of key clients and single family offices development. Based in Geneva, Salawi will report to wealth management head Isabelle Jacob-Nebout and will join the wealth management executive committee, the group said yesterday.
Jacob-Nebout said that Salawi's experience in complementary business lines such as investment and private banking will help accelerate aligning the commercial needs of its UHNW and SFO clients. Jacob-Nebout joined Indosuez at the start of the year from a long career at BNP Paribas, where she was most recently head of development and innovation.
Salawi has also been tapped from BNP Paribas in Switzerland, and will oversee Indosuez's private client business in Europe, Asia, the Middle East and Latin America. The Swiss arm of the wealth management franchise owned by Crédit Agricole manages around SFr40 billion in assets for clients in those regions.
Salawi began his career in 1996 in M&A at UBS in London before joining Donaldson, Lufkin & Jenrette’s investment banking unit. In 2001, he joined Deutsche Bank's investment banking division in Paris, moving into private banking for Deutsche in London and Geneva in 2007. He holds a master's degree in financial management from the University of Paris I Panthéon-Sorbonne.