Simon Benhamou has been appointed chief executive officer by the CBH Bank Board of Directors. Following Philippe Cordonier’s retirement, this hire takes effect immediately.
Alfonso Liparulo was also named the new head of private banking by the board. He’ll join the executive committee as well.
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In 2009, Benhamou became a wealth manager and later the head of EMEA for the family-owned banking firm. He joined the bank’s executive committee in 2014, and in 2018, he was named head of wealth management. Since 2019, he has effectively overseen the group’s digital transformation and is also responsible for strategic development.
In addition to this, Julien Faure-Geors and Amos Poncini, two deputy CEOs, will stay on to assist him in his new position.
Moreover, Liparulo spent more than ten years in a variety of executive roles at Pictet & Cie before joining CBH Group. He assumed the position of head of digital in 2015, where he oversaw the adoption of a new organisational structure and business strategy.
Prior to taking on commercial responsibilities for the MENA, UK, Asia, and Africa regions, he served as chief of staff wealth management at the Mirabaud Group, where he joined in 2019.
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By GlobalDataSylvain Matthey, chairman of the board stated: “We warmly congratulate Simon on his appointment. With his wealth of experience and knowledge of the Group, Simon will be able to guide it through the major challenges and developments that lie ahead in the coming years. Under his leadership, CBH will further strengthen its client-focused approach. We have every confidence in his ability to bring his dynamism and vision of the private bank of the future to the Group.”
Benhamou added: “I’m fortunate to be able to continue to contribute to the growth of CBH, and I’m excited by the prospect of taking on this responsibility. There are many challenges ahead, but we have undeniable strengths. A strong investment offering, personalized services for entrepreneurs and digital daily banking solutions that allow us to position the Group for the future. I am fortunate to work with talented and motivated teams that enable us to deliver innovative and value-added products and services to our clients. I would like to sincerely thank the Board for this appointment.”
CBH Compagnie Bancaire Helvétique, a family-owned Swiss banking firm, has a Tier 1 ratio of 43% and 309 employees over 10 locations. It provides wealth management services to clients with CHF14.3bn ($16.5bn) in assets as of 2023.
