Edmond de Rothschild hires chief operating officer

Chairmans roomPhilippe Loiseau has joined private banking and asset management firm Edmond de Rothschild as chief operating officer, reporting to group chief executive, Christophe de Backer.

Loiseau joins from Société Générale Private Banking, where he was chief operating officer since 2007.

Edmond de Rothschild, which is owned by a Swiss holding company, with operations in Switzerland, France and Luxembourg, has 150 billion Swiss francs (€123 billion) under management.

The company says Loiseau will help to mutualise and develop the company's operational platforms in Europe and elsewhere. He will also join the executive committee of the Edmond de Rothschild group in Paris and oversee its IT platform.

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