⏱ 1 min read
Background
S.P. Hinduja Banque Privée is a Swiss private bank based in Geneva. The chair of its board of directors is Shanu S.P. Hinduja.
The key points
S.P. Hinduja Banque Privée is adopting the name ARYA Banque Privée and has appointed Pascal Botteron as chief executive. The transformation comes with a new minority shareholder and a growth strategy, according to finews.com.
Pascal Botteron joins from Cité Gestion, where he was a partner and head of investments. He has held positions at Deutsche Bank, J. Safra Sarasin and Pictet. He founded Green Blue Invest, acquired by Cité Gestion in 2023.
Key figures
- Three members on the new executive committee: Pascal Botteron, Boris Chave and Sébastien Micotti.
- Size of Nirmal Sethia's stake: not disclosed.
What it means for businesses
The new strategy puts investment products at the centre. The bank plans discretionary and advisory mandates, structured products and private markets opportunities. It intends to modernise its systems and strengthen its risk and compliance infrastructure.
For existing clients, no immediate operational changes are planned. The ARYA brand will be introduced in phases.
Who says what
Pascal Botteron wants to bring an "entrepreneurial, product-led approach" to Swiss private banking. The bank is counting on its board's ties with the global Indian diaspora.
What's next
Boris Chave, former COO of Bank Syz, becomes chief operating officer. Sébastien Micotti, from Cité Gestion, takes over as head of legal.
