Renaud de Planta
Renaud de Planta | |
|---|---|
| Born | November 15, 1963 Geneva, Switzerland |
| Occupation | Banking executive |
| Years active | 1988–present |
| Known for | Former Senior Partner at the Pictet Group |
Renaud de Planta (born 15 November 1963) is a Swiss banking executive and a former Senior Partner at the Pictet Group.
Life
Renaud Fernand de Planta entered the world in Geneva, the son of André and Muriel de Planta. His family, the von Planta, is a distinguished noble house originating from the Grisons. He spent his formative years in both Turin and Geneva, completing his secondary education at Geneva's Collège Calvin in 1982. De Planta pursued economics at the University of St. Gallen before obtaining an MBA with a specialization in finance from the University of Chicago in 1987. He then earned a doctorate in Economics from St. Gallen in 1989.[1]
Career
De Planta launched his professional journey at UBS in Zürich in 1988 as a Senior Economist. He advanced to lead Product Development and Risk Management within Capital Markets, subsequently managing bond derivatives and trading operations. After overseeing Equities and Bonds in Geneva, he was appointed CEO for North Asia based in Hong Kong in 1995, with responsibility for markets including China, Hong Kong, the Philippines, South Korea, and Taiwan. Later, he took on the role of Global Head of Equity Derivatives at UBS Warburg in London.
In June 1998, de Planta became Managing Partner at the Pictet Group. Initially charged with managing the fund business, he took on joint leadership of asset management in 1999 and led this division until 2017. During his tenure, Pictet’s asset management grew substantially from CHF 20 billion to CHF 230 billion, establishing it as Switzerland’s second-largest asset manager by volume.[2] This expansion was fueled by pioneering product introductions such as thematic funds, emerging market investments, and long-short equity strategies.[3]
The Pictet Group is governed by a select group of Managing Partners who differ from conventional bank executives regarding liability and compensation; they do not receive standard salaries.[4] At the close of 2017, de Planta advanced to Deputy Senior Partner, handing over asset management duties to focus on other significant business segments. On 1 September 2019, he was elevated to Senior Partner, acting as Pictet’s internal and external representative while serving as an intermediary among partners.
Following Credit Suisse’s collapse in 2023, Swiss Finance Minister Karin Keller-Sutter appointed de Planta as the only active financial executive to the Expert Group on Banking Stability tasked with advising the Federal Council on fortifying Switzerland’s financial system. In September 2023, he was selected for membership on the Bank Council of the Swiss National Bank, commencing May 2024.[2] He stepped down from his Senior Partner role at Pictet in June 2024 and transitioned onto its Board of Directors.[5]
Honours and awards
- De Planta received the distinction of Switzerland's leading banker in both 2019 and 2022, as recognized by the Swiss business publication Bilanz.
Other activities
- Serves on the advisory board of the Booth School of Business at the University of Chicago.
- Holds the position of vice-president on the Board of Trustees for the International Center for Monetary and Banking Studies located in Geneva.
- Acts as a trustee for the International Museum of the Reformation Foundation in Geneva.
- Functions as a trustee for the von Planta Family Foundation Fund based in Zuoz.
- Participates as a board member of the Pictet Group Foundation.
- Sits on the board of the Fondation pour l'attractivité du canton de Genève.
References
- ↑ Renaud Planta: Controlling Interest Rate Risk - the Case of Universal Banks. Dissertation Nr. 1134, Universität St. Gallen, 1989
- ↑ 2.0 2.1 Cite error: Invalid
<ref>tag; no text was provided for refs named:0 - ↑ Cinq banquiers devenus incontournables à Genève - Le Temps, 2016-05-22
- ↑ Chanchal Biswas and Albert Steck: Renaud de Planta: Als Teilhaber bei Pictet hat man keinen Lohn. NZZ am Sonntag, 2020.
- ↑ Müller, André: Zukunft des Finanzplatzes: Pictet-Teilhaber Renaud de Planta im Interview | Neue Zürcher Zeitung | 2024-06-07