Italian wealth manager Kairos, which is owned by Julius Baer, has named Pio Benetti as new head of its discretionary mandates team.

Benetti, who has more than 25 years of experience in the financial services industry, been serving as CIO for Europe at Pictet Wealth Management for the last three years.

He previously also served as head of asset   management  at  Intesa  Sanpaolo  Private  Banking, head  of  asset  allocation at MPS Asset Management  SGR , fund  manager  at  Ducato  Gestioni , assistant  fund  manager at ING Sviluppo  Gesti oni, and financial analyst at Solofin Sim.

Kairos founder and CEO Paolo Basilico said: “We consider  talent acquisition as an ongoing  process,  and  there  can  be  no  doubt  that  Pio  Benetti  adds  major  value   to  our  company  and   represents  a   further  guarantee  for  our  clients   that  Kairos  continues  to  believe  and  invest  to   improve its services and returns.”