Mirabaud private bank has appointed of its wealth managers as limited partner. The move is another step to rejuvenate the top management of the bank.
Alain Baron was appointed limited partner at Geneva-based Mirabaud private bank, according to a statement on Wednesday. Baron is the head of wealth management in the Middle East and North Africa.
He follows in the footsteps of Etienne d’Arenberg, head of the U.K., and Thiago Frazao, head of Latin America to join the limited partners team. Limited partners are basically investors in the private bank, able to influence the business due to their executive positions.
Rejuvenation Process
With 39, Baron is the same age as his colleague Frazao. Mirabaud launched the process to rejuvenate the bank by making Michael Palma and Nicolas Mirabaud managing partners at the end of 2018.
Baron has been with Mirabaud since 2012, joining from the National Bank of Kuwait.
