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Discover UBP


A family bank

Today, just as it always has, Union Bancaire Privée, UBP SA (UBP) belongs to the de Picciotto family, which controls the Bank through CBI Holding SA. Edgar de Picciotto, the Bank’s founder, was the Chairman of the Bank’s Board of Directors until his death in March 2016 after which his eldest son, Daniel de Picciotto, a Board member since 2010, took over. Edgar’s daughter, Anne Rotman de Picciotto, has held a seat on the Board since 2002. Continuity is also embodied in another of Edgar’s sons, Guy de Picciotto, who has been serving as Chief Executive Officer, overseeing the Bank’s operational management, since 1998.

Stable governance structure

UBP’s governing bodies are made up of top financiers and leading political figures. Alongside members of the owning family Daniel de Picciotto (Chairman) and Anne Rotman de Picciotto, the Board of Directors comprises Marcel Rohner (Vice-Chairman), David Blumer, Nicolas Brunschwig, Patricia Bielmann and François Pauly:

Board of Directors

Daniel de Picciotto

Daniel de Picciotto has been Chairman of UBP’s Board since 2016. He has been a member of the Board since 2010, before which he spent ten years on the Executive Committee. He joined the Bank in 1985 as Head of the Private Banking division’s Research Department, before becoming Head of Private Banking in 1990 and then Head of Asset Management in 1996.

As at 31 December 2023, Daniel de Picciotto was also a member of CBI Holding SA’s board of directors.

Anne Rotman de Picciotto

Anne Rotman de Picciotto has been a member of UBP’s Board since 2006. She is also a member of the Bank’s Audit Committee and Human Resources Committee. After spending several years in Goldman Sachs’ Asset Management division, she joined UBP’s London branch management team in 2002, where she was responsible for business development with a focus on high net worth individuals and institutional relationships. Anne Rotman de Picciotto holds a bachelor's in business administration from HEC in Lausanne, as well as an MBA from the INSEAD business school.

As at 31 December 2023, she was Chairwoman of the Board of CBI Holding SA.

Marcel Rohner

Marcel Rohner has been a member of UBP’s Board since 2010 and its Vice- Chairman since 2016. He has a wealth of experience in the fields of banking, finance and risk management. He worked for almost 20 years at UBS AG, holding roles including Chairman and CEO of Global Wealth Management & Business Banking in 2005, Member of the Executive Committee from 2002 to 2009 and CEO of UBS Group from 2007 to 2009. Marcel Rohner has a PhD in economics from the University of Zurich.

As at 31 December 2023, he was also the Chairman of the boards of the following companies: Löwenfeld AG, Löwenfeld Beteiligungen AG, and Warteck Invest AG. He was a member of the boards of Armada Investment AG, Boxs AG, and CBI Holding SA. Since 2021 he has been the Chairman of the Swiss Bankers Association.

David Blumer

David Blumer joined UBP’s Board of Directors in March 2021. His career in financial services spans nearly three decades, in a variety of senior roles. He started in Zurich, at Credit Suisse, where he rose through the ranks to Head Trading and Sales and progressed to the role of CEO Asset Management. This was followed by a stint as CIO at Swiss Re, after which he moved to London as Head of EMEA with BlackRock before being appointed as their Head of Alternatives. David Blumer is an economics graduate of the University of Zurich.

As at 31 December 2023, David Blumer was also Chairman of FE Fundinfo Ltd, Chairman of Behaviour Lab Ltd and a member of the board of MIO Partners Inc and FQX AG.

Nicolas Brunschwig

Nicolas Brunschwig has been a member of UBP’s Board since 1998. He is a partner of the Brunschwig Holding group, which owns retailer Bongénie Grieder. Having joined that company in 1981, he is now in charge of central services and partnerships.

Between 1989 and 2001, he was a member of the Geneva cantonal parliament, where his roles included chairing the Finance and Tax Committees. He was also chairman of the Fédération des Entreprises Romandes (employers' association for companies in French-speaking Switzerland) for seven years. Nicolas Brunschwig graduated with a diploma in Economics from the University of Geneva.

As at 31 December 2023, he was a member of the boards of the following companies, among others: Brunschwig (Holding) SA, Brunschwig & Cie SA, Rolex SA, and Rolex Holding SA.

Patricia Bielmann

Patricia Bielmann was appointed a member of UBP’s Board of Directors and Board’s Risk Committee and Chairwoman of the Audit Committee in March 2022. With a career spanning 25 years in financial service and treasury & trading audit and consulting, Patricia Bielmann has held several senior roles, the most recent being Head of Financial Service Accounting Advisory and Audit Partner for international listed groups at a Big4 audit firm. She specialises in corporate governance and compliance as well as growth strategy, including M&A and business development. She holds a master’s in business administration from the University of Fribourg and is a certified public accountant both in Switzerland and in the US.

As at 31 December 2023, she was a member of the board of directors of Baloise Bank AG.

François Pauly

François Pauly was elected to UBP’s Board of Directors in 2024.

His career spans 35 years in the finance sector, predominantly in private banking. Having started with Dexia and risen to its senior ranks, among other roles he has also been an executive and board member at Sal. Oppenheim and then at Banque Internationale à Luxembourg. Most recently, François was the CEO of Banque Edmond de Rothschild.

He is a graduate of the E.A.P School of Management, Oxford, Berlin (now ESCP Europe).

As at March 2024, he is the chairman of the board of directors of Cie Financière La Luxembourgeoise and a member of the boards of Cobepa SA and IWG plc. François also serves on the boards of several charitable organisations.

The Bank’s operational management is determined by an Executive Committee chaired by Guy de Picciotto.
It is made up of:

Executive Committee

Guy de Picciotto

Guy de Picciotto has been UBP’s CEO and Chairman of the Group’s Executive Committee since 1998. He began his career as a management consultant in Switzerland and Belgium, before focusing on the banking sector with roles at UBS, Morgan Stanley, Bear Stearns and Sanyo Securities in Tokyo and New York. He joined the Bank in 1988, where he occupied various executive roles before being appointed Chairman of the Executive Committee. He holds a degree in economics and business management and has completed advanced executive management courses at IMD in Lausanne and INSEAD in Fontainebleau.

As at 31 December 2023, Guy de Picciotto was also a director of CBI Holding SA, and a member of the Committee of the Association of Swiss Asset and Wealth Management Banks.

Ian Cramb

Ian Cramb has been UBP’s Chief Operating Officer and a member of its Executive Committee since 2009. Before joining UBP, he was EMEA Consumer Chief Operating Officer at Citigroup, where he had previously held other high-level roles including those of Risk Manager, Head of HR, Chief of Staff and COO. He holds a modern languages degree from Durham University.

Nadège Lesueur-Pène

Nadège Lesueur-Pène is Head of Wealth Management Developing Markets. She has been a member of the Executive Committee since 2019. Before joining UBP in 2015 she was head of emerging markets within wealth management at BNP Paribas (Switzerland). She has also held high-level investment management roles at HSBC in Paris and Paribas in Moscow. Nadège Lesueur-Pène holds a DEA in Russian philology from Langues’O and a double master’s in international management from ESCP–EAP (Paris), and studied political science at IEP (Paris).

Michael Blake

Michael Blake is Head of Wealth Management Asia, a post he holds alongside his role as CEO Asia. He became a member of the Executive Committee in 2019. Prior to joining the Bank in 2016, he was Chief Executive of Coutts International, and before that Head of Asia Pacific Management Office at UBS. He has lived and worked in Asia, Switzerland and London over the past fifteen years and is active in various international affairs forums. Michael Blake read philosophy, politics and economics at Oxford University.

Nicolas Faller

Nicolas Faller has been Co-CEO of UBP’s Asset Management division and a member of its Executive Committee since 2015. He joined UBP in 2010 as Head of Sales Europe and was appointed Head of Global Sales in 2011, then Head of Institutional Clients in 2013. Before joining UBP, he was Global Head of Distribution at BNP Paribas Investment Partners, after holding several high-level roles at Fortis Investments. Nicolas Faller is a graduate of the University of Mulhouse and France’s Ecole Supérieure de Gestion.

Michaël Lok

Michaël Lok has been Co-CEO of UBP’s Asset Management division since 2015 and a member of its Executive Committee since 2016. Before joining UBP, he worked at Indosuez Wealth Management (Crédit Agricole group) as Global Head of Asset Management, after holding roles as Head of Investment and Head of Risk & Quantitative Portfolio Management. Before that, he was a portfolio and fund manager at Banque Martin Maurel and HSBC France. Michaël Lok holds two master’s degrees, one in finance (DESS) and one in banking and finance (DEA), from the University of Aix-en-Provence.

Philip Adler

Philip Adler has been UBP’s Head of Treasury & Trading since 2016 and a member of its Executive Committee since 2017. Before joining UBP, he had been a member of the Executive Committee and Head of Capital Markets at Crédit Agricole Indosuez (Switzerland) SA since 2008. He previously worked at UBS SA, Commerzbank AG and the Crédit Agricole group. Philip Adler has more than 30 years of experience in banking.

Claudio Rollini

Claudio Rollini has been UBP’s Company Secretary since 2013. He joined the Bank after holding various high-level roles at companies including British American Tobacco in Lausanne and London, and at the Geneva-based Fédération des Entreprises Romandes (employers’ association for companies in French-speaking Switzerland). He has more than 25 years of professional experience in corporate governance and communication, devising strategies for negotiation, institutional relations and regulatory affairs. Claudio Rollini initially trained as a lawyer, and holds a master’s degree in law from the University of Geneva.

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