Pictet AM boosts governance with former Schroders man as non-exec

Massimo Tosato, the former vice chairman of London-based Schroders, is to be a non-executive director of the Swiss firm, Pictet Asset Management.

Pictet announced Tosato’s appointment along with two other non-executive directors, saying the appointments would reinforce its governance.

Tosato spent 21 years at Schroders, where he also spent time as chief executive of Schroder Investment Management.

He is currently a shareholder and chief executive of Italian multi-manager Quaestio Capital and is on the board of overseers of Columbia Business School in New York.

The two other non-executive appointments are Rolf Banz, who was a director of several Pictet Asset Management operating entities and investment adviser for alternative strategies, and Richard Heelis, who was head of equities at Pictet Asset Management for 17 years.

Also currently on Pictet AM’s board are Renaud de Planta, chairman, Laurent Ramsey, chief executive officer, and Daniel Wanner, CFO of the Pictet Group.   

De Planta said: “We are delighted that Massimo Tosato, who has contributed so much to Schroders’ success, is able to join our board. His knowledge and experience complement the existing executive board members, and with the two other non-executive directors, I believe we have very strong governance in place.”

©2017 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

The tension between urgency and inaction will continue to influence sustainability discussions in 2024, as reflected in the trends report from S&P Global.
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

CLOUD DATA PLATFORMS

Luxembourg is one of the world’s premiere centres for cross-border distribution of investment funds. Read our special regional coverage, coinciding with the annual ALFI European Asset Management Conference.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST