Ms Pierrette Jaton Klopfenstein has been named head of the new Individuals & Digital Banking division. Mr Yves Spörri will be in charge of Corporate Banking & Trade Finance division. Ms Katia Coudray joins the Group and is appointed member of the Executive Board, head of the new Private Banking & Asset Management division. Mr Urs Ziegler is to become Senior Adviser in charge of accelerating the development of the ESG approach within the bank. Ms Virginie Fauveau is reorienting her professional activities and leaving BCGE Group. The restructuring will take effect on 1 September 2024.
A refined definition of client segments
The BCGE Group's organisational structure is changing. Organised mainly by geography until now, it is moving to a tighter organisational structure focused on segments. The Geneva division is becoming Individuals & Digital Banking. The Bank’s corporate and trading activities will be brought together under the Corporate Banking & Trade Finance division. Asset management will be merged under a new Private Banking & Asset Management division. The aim of this change is to simplify the Bank’s operating model, reinforce its ability to respond to the specific needs of its clients, and improve the client experience.
A bigger Individuals & Digital Banking division
The Individuals & Digital Banking division has been enlarged. In addition to managing the network of 21 branches throughout the canton, division staff will be in charge of the financing of individuals in Switzerland, France, and abroad, depending on client location. The division will also cover the ongoing development of the Bank’s digital offering. Pierrette Jaton Klopfenstein, who has been with BCGE since 2003, has been entrusted with managing this division. During her years with the Group, she has demonstrated her extensive know-how and strong leadership, which have led to numerous commercial successes.
An expanded Corporate Banking & Trade Finance division
The Corporate Banking & Trade Finance division has been expanded. The division will cover corporate clients in Switzerland and France, multinationals, and partners active in real estate and construction. It will also serve public authorities and will bring together the entire commodities trading segment. The Capital Transmission and Dimension subsidiaries, as well as BCGE France, will become part of this division. Yves Spörri will take over as division head. He has been with BCGE since 2001 and has a unique technical background. His ability to develop business and lead culturally diverse teams is widely recognised and will be an asset in leading this entity.
A new Private Banking & Asset Management division
A new Private Banking & Asset Management division has been created. It will bring together all wealth management activities and its staff will be tasked with rethinking the entire offering for institutional and private clients. It will also focus on independent asset managers and include the Lausanne, Zurich and Basel branches, as well as the representative offices in Hong Kong and Dubai. The division has been entrusted to Katia Coudray, who joins the BCGE Group as a member of the Executive Board. Her career has included various positions of responsibility with EFG, Edouard Constant, Pictet, Union Bancaire Privée and Syz, bringing BCGE Group first-rate technical and international expertise.
Many thanks to Urs Ziegler and Virginie Fauveau
Following the dissolution of the Asset Management and Corporate divisions, Urs Ziegler will serve as Senior Adviser to the CEO and will focus on accelerating the development of the Bank’s ESG approach. After serving 16 years with the Bank where she made a major contribution to the development of the corporate segment, Virginie Fauveau will be leaving the BCGE Group to reorient her professional activities. The CEO of BCGE Group, Nicolas Krügel, warmly thanks Urs Ziegler and Virginie Fauveau for their continued commitment and high-quality contributions to the Bank. He wishes Pierrette Jaton Klopfenstein, Yves Spörri and Katia Coudray every success in their new roles. The restructuring will take effect on 1 September 2024.
