REYL Intesa Sanpaolo receives regulatory approval for its governance transition as of July 1st, 2024. François REYL to join the Board of Directors and Pasha Bakhtiar to become CEO [Yahoo! ...
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INTESA SANPAOLO S/ADR (ISNPY)
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Source: Yahoo! Finance
François Reyl becomes a Member of the Bank's Board of Directors and Chairman of its Strategic Committee. Pasha Bakhtiar, currently a Partner and Member of the Executive Committee, becomes the new CEO of the Bank and Chairman of the Executive Committee. The change will take effect on July 1st, 2024 Under François Reyl's leadership, REYL & Cie has expanded from an authorised securities dealer with 15 staff in Switzerland to a fully licensed Bank with 400 employees, an international presence and a diversified business scope. He co-led the incubation of Alpian, Switzerland's first digital private bank and, in 2021, initiated the negotiations that resulted in the Bank's strategic partnership with Fideuram - Intesa Sanpaolo Private Banking. François Reyl will continue to oversee the development of the Group's strategic activities from a non-executive standpoint. François Reyl, Partner and Chief Executive Officer, comments: "After 22 years in an executive role at Reyl & Cie, I am very pl
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