Geneva-headquartered Pictet has announced that senior partner Renaud de Planta will step down from his role after joining the bank 25 years ago. A successor has been named.

Senior partner Renaud de Planta will step down from the board of partners at Pictet, according to a statement, effective 30 June 2024. On 1 January 2025, he will join the supervisory board of the group and the board of directors of Banque Pictet & Cie SA, pending regulatory approval. 

De Planta, 59, first started working at Pictet in 1998 as a managing partner before becoming a senior partner in 2019. He has made various accomplishments at the Swiss bank, including growing its asset management business from less than 20 billion Swiss francs ($22 billion) to more than 230 billion francs in assets. 

Renaud 
  , Pictet Group

«I am looking forward to this next step, which will keep me close to Pictet and also allow me to give more time to my philanthropic activities,» de Planta said. «Our firm is very well positioned as a quality player. We have a rejuvenated group of managing partners and they have more than what it takes to lead Pictet to the next level.»

Successor

De Planta’s role as senior partner will be succeeded by Marc Pictet on 1 July 2024. The eighth generation family member joined Pictet in 2001 and became a managing partner in 2011. He is currently the co-head of Pictet Wealth Management and oversees the corporate office, which handles the group’s strategic projects. He is also the chairman of Bank Pictet & Cie (Europe) AG’s supervisory board.

«I feel honored to take over as senior partner of the group on the eve of its 219th anniversary in July of next year,» Pictet commented. 

«My fellow partners and I will be guided by our commitment to responsibility, independence and partnership. We will remain entrepreneurial with a long-term approach, always striving to deliver the enduring quality that Pictet is known for.»