Swiss Private Banker Yves Mirabaud Sees Geneva in the Top Ten

Geneva Financial Center

Geneva Financial Center (Picture:Shutterstock)

Yves Mirabaud, newly elected president of Geneva Financial Center, aims to lead the city into the top ten of financial centers.

Geneva Financial Center (GFC), an umbrella organization for the financial services industry in the city on the shores of the river Rhone, today elected Yves Mirabaud (pictured below) as its new president, GFC said in a statement. He replaces Nicolas Pictet, who steps down after two years in the position.

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Mirabaud, senior partner at the private bank which carries his name, will be replaced as vice-president by Marc Pictet (pictured below). He is a partner at Pictet private bank.

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Back Where It Belongs to

The new president's priority is to maintain and strengthen Geneva as a world-renowned financial center. The city currently lies in 13th position of the world's most important financial markets, according to the latest Global Financial Centers Index in September. Mirabaud wants to put Geneva back into the top ten, from where it dropped a year ago.

To achieve this, the organization's new president wants to continue the work of his predecessor. One such core dossier involves making Geneva attractive for Swiss and foreign banking talents. To do so, Switzerland needs an easier access to foreign markets and has to maintain a favorable taxation system.

Mirabaud is president of the Association of Swiss Private Banks and member of the board of the Swiss Bankers Association.

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