A former private banker in Asia has been appointed as the head of Indosuez subsidiary and digital service provider Azqore.

Azqore appoints Pierre Masclet as CEO, according to a statement, effective May 1. Based in Lausanne, Switzerland, Masclet succeeds Pascal Exertier who is retiring.

Masclet has more than 30 years of wealth management experience at Indosuez after first joining in 1992 as product and wealth planning head. He would go on to take various senior roles, including CEO of Asia in 2017. In 2019, he became deputy CEO of Indosuez, leading business development for the group.

Digital Services

Azqore is a subsidiary of Credit Agricole's private banking arm Indosuez Wealth Management and a digital service provider specializing in information systems outsourcing and banking transaction processing for the industry.

The firm was founded in 1992 and has completed over 60 bank migrations on its banking platform. It currently serves 26 clients worldwide with approximately 200 billion Swiss francs ($218 billion) in assets under management