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EFG announces changes to the Board and Management team in Monaco

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EFG Genf
EFG Genf

The Monaco-based subsidiary of EFG International AG (EFG Monaco) is today announcing the appointment of Carlo Maturi, the entity’s current CEO, as the new Chair of the Board of Directors, effective 12 March 2025 and subject to regulatory approval. He will succeed Jean-Claude Gourrut, who is retiring after 15 years in this role. Hervé Ordioni succeeds Carlo Maturi as CEO of EFG Monaco, reporting to Patrick Ramsey, EFG’s Head of the Continental Europe & Middle East Region.

Jean-Claude Gourrut is retiring from his role as Chair of EFG Monaco after 20 years of dedicated leadership and service to the bank. Carlo Maturi is ideally positioned to succeed him in this strategically important role for EFG. He has successfully led EFG Monaco as its General Manager since 2009 and as its CEO since 2018. Under his leadership, EFG Monaco was positioned for long-term success and continued growth. Carlo Maturi joined EFG Group 17 years ago, when Banque Monegasque de Gestion (Unicredit Group) was acquired by EFG.

Effective today, Hervé Ordioni will succeed Carlo Maturi as CEO of EFG Monaco, reporting to Patrick Ramsey, EFG’s Head of the Continental Europe & Middle East Region. Hervé Ordioni is a very experienced professional who most recently served as CEO of International Private Banking at Edmond de Rothschild from 2022 to January 2025, and as Chair of its Monaco and UK entities. Between 2013 and 2022, Hervé Ordioni was CEO of the Monaco entity of Edmond de Rothschild. Matteo Mescolini, Deputy General Manager and Co-Head of Private Banking of EFG Monaco since 2022, will be appointed as General Manager with immediate effect and will continue to work closely with Hervé Ordioni and the team. Matteo Mescolini has played an essential role in ensuring the success of the business, working closely with Carlo Maturi.

Giorgio Pradelli, CEO of EFG International: “I would like to express my sincere thanks to Jean-Claude Gourrut, the outgoing Chair of EFG Monaco, for his dedication to the company over the past 20 years. He was instrumental in building and ensuring the effective supervision of its activities by the Board of Directors. I wish him all the very best for the future. I am delighted that Carlo has been appointed as the new Chair of our Monaco entity, which he and his team have positioned for sustainable success over the past 17 years. I am convinced that under his strategic guidance and leadership, our business in Monaco will continue to prosper.”

Patrick Ramsey, EFG’s Head of the Continental Europe & Middle East Region: “I look forward to continuing our close collaboration with Carlo Maturi and I am delighted to welcome Hervé Ordioni as our new CEO for Monaco. With Hervé, we have found the ideal successor for Carlo. He brings with him extensive industry experience in an executive leadership position in Monaco. I am convinced that Carlo, Hervé and Matteo will ideally complement each other as they work together to drive forward our business in Monaco.”

Carlo Maturi, new Chair of the Monaco Board: “I am honoured to have been appointed to this important role. I very much look forward to a close and successful collaboration with my fellow members of the Board and the management team under Hervé and Matteo.”

About EFG International
EFG International is a global private banking group offering private banking and asset management services and is headquartered in Zurich. EFG International’s group of private banking businesses operates in over 40 locations worldwide. Its registered shares (EFGN) are listed on the SIX Swiss Exchange.



Important Disclaimer
This document has been prepared by EFG International AG (“EFG”) solely for use by you for general information only and does not contain and is not to be taken as containing any securities advice, recommendation, offer or invitation to subscribe for, purchase or redeem any securities regarding EFG.
This release contains specific forward-looking statements that reflect EFG’s intentions, beliefs or current expectations and projections about EFG’s future results of operations, financial condition, liquidity, performance, prospects, strategies, opportunities and the industries in which it operates. Forward-looking statements involve all matters that are not historical facts. EFG has tried to identify those forward-looking statements by using the words “may”, “will”, “would”, “should”, “expect”, “intend”, “estimate”, “anticipate”, “project”, “believe”, “seek”, “plan”, “predict”, “continue” and similar expressions. Such statements are made on the basis of assumptions and expectations which, although EFG believes them to be reasonable at this time, may prove to be erroneous. These forward-looking statements are subject to risks, uncertainties and assumptions and other factors that could cause EFG’s actual results of operations, financial condition, liquidity, performance, prospects or opportunities, as well as those of the markets it serves or intends to serve, to differ materially from those expressed in, or suggested by, these forward-looking statements. Important factors that could cause those differences include, but are not limited to: changing business or other market conditions, legislative, fiscal and regulatory developments, general economic conditions in Switzerland, the European Union and elsewhere, and EFG’s ability to respond to trends in the financial services industry. Additional factors could cause actual results, performance or achievements to differ materially. In view of these uncertainties, readers are cautioned not to place undue reliance on these forward-looking statements. EFG and its subsidiaries, and their directors, officers, employees and advisors expressly disclaim any obligation or undertaking to release any update of or revisions to any forward-looking statements in this media release and any change in EFG’s expectations or any change in events, conditions or circumstances on which these forward-looking statements are based, except as required by applicable law or regulation.



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Source:
EFG International AG
Bleicherweg 8, 8001 Zurich, Switzerland
efginternational.com
















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