News Update

Pictet, Swiss Wealth Manager Appoints First Female Partner In 200-Year History

On Monday, June 21st, the Pictet Group, Swiss Wealth and Asset Manager appointed Elif Aktug as their Managing Partner, the first woman to ever hold that position in the private bank’s 216-year history.


Francois Pictet will also be given the position of Managing Partner from September pending regulatory approval for the two, which would bring the number of partners to nine, Geneva-based Pictet said in a statement.


The Pictet Group is a partnership of owner-managers, with principles of succession and transfer of ownership that have not changed since its foundation in 1805. It had 609 billion Swiss francs ($661.09 billion) under management or custody at the end of 2020.


“We’re delighted to welcome Elif and François to the Board of Partners, a step we’ve been planning since the end of 2020 to help manage the increased demands resulting from the strong growth of the firm,” Senior Managing Partner Renaud de Planta said.