Hugo Bänziger, Chairman of Quintet's Board of Directors; Credit: Quintet Private Bank

Luxembourg-headquartered Quintet Private Bank (Europe) SA has announced the appointment of Hugo Bänziger as Chairman of its Board of Directors, effective Tuesday 10 June 2025.

Hugo Bänziger succeeds Rory Tapner, who served as Chair of the Quintet Board from 2020 until the end of 2024.

According to the bank, Mr Bänziger, who currently serves in a number of non-executive and advisory roles, brings decades of banking experience to the Quintet Board. This includes serving from 2014 to 2018 as Geneva-based Partner at Lombard Odier & Cie. He earlier served for over a decade at Deutsche Bank in London and Frankfurt, with his last seven years as a member of the Management Board responsible for Risk, Capital, Treasury, Legal and Compliance. He began his career at the Swiss Federal Banking Commission, before serving for more than ten years at Credit Suisse in London and Zurich.

A Swiss national, Hugo Bänziger served as Governor of the London School of Economics and was a visiting professor at the Lee Kwan Yew Institute for Public Policy in Singapore and the University of Chicago Booth School of Business. He holds a degree in Modern History and Constitutional Law from the University of Bern, where he earned his doctoral degree. He also spent many years personally contributing to global causes, including as a longtime member of the Assembly (Board) of the International Committee of the Red Cross in Geneva.

"Hugo brings to Quintet a distinct combination of insight and experience, a true passion for our industry and an overriding commitment to excellence," said Bernard Coucke, Deputy Chair of Quintet's Board of Directors. "As we continue to successfully execute our strategic plan - evidenced by our third consecutive year of profitable growth - Hugo will contribute substantially to unlocking Quintet's long-term potential throughout economic cycles and across generations."

"On behalf of the Board, I would like to express my gratitude to Rory [Tapner] for his contribution to Quintet over the previous five years," added Mr Coucke. "I would also like to express my thanks to Marco Mazzucchelli for serving as interim Chair and for his continued service to our firm."

Founded in 1949, Quintet Private Bank (Europe) SA is headquartered in Luxembourg and operates across Europe and the United Kingdom. The private bank serves wealthy individuals and their families as well as a range of institutional and professional clients, including family offices, foundations and external asset managers.