Pictet Wealth Management’s chairman of Asia will step down after a decade with the Swiss bank to join Bangkok Bank next year.
Claude Haberer, a Pictet equity partner and chairman of the wealth management arm in Asia, will join Bangkok Bank as an advisor to the president from January 2022 following his retirement from Pictet, according to a statement.
Haberer first joined Pictet in Wealth Management Asia in 2011 as its chief executive before taking on the role as chairman of the unit in October 2019. Previously, he held various senior roles at BNP Paribas, including as its North Asia private banking CEO.
«We thank [Harberer] for his dedication and his important contribution in building Pictet’s Wealth Management franchise in Asia over the past decade,» said Pictet's senior managing partner Renaud de Planta.
Pictet-Bangkok Bank Tie-Up
Harberer’s move to Bangkok Bank is also part of a newly established strategic alliance with Pictet, with the latter providing wealth and investment management expertise to enhance the former’s services to clients in Thailand.
«We wish [Harberer] all the best in his new role with Bangkok Bank, which will help ensure strong ties for the strategic alliance,» de Planta said.
«The products and services Bangkok Bank will develop with Pictet Group through this alliance will help us create more value for our wealth clients, complement their existing portfolio management and investment strategies with more sophisticated solutions, and help preserve their wealth for generations to come,» said Bangkok Bank president Chartsiri Sophonpanich.
Product Development History
Even prior to the latest alliance, Pictet and Bangkok Bank had previously collaborated in several key initiatives earlier this year.
Pictet acted as an advisor to Bangkok Capital Asset Management’s two newly launched multi-asset funds while BBL Asset Management launched a green fund that invests in sustainability funds managed by Pictet Asset Management.
«We plan to bring to Bangkok Bank and its clients our investment leadership, rooted in our independence as a group, as well as our own experience in succession and transmission of ownership over two centuries, with a focus on continuity, stability and sustainability,» de Planta added.
