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EFG Appoints Christian Flemming as COO and Mark Bagnall as CTO
EFG has appointed Christian Flemming as Chief Operating Officer with effect from 15th January 2018, taking over from Mark Bagnall, who is appointed as the new Chief Technology Officer. Christian Flemming will also become a member of the Executive Committee and reports directly to CEO Giorgio Pradelli.
“ New COO and CTO at EFG “
Christian Flemming had held senior leadership roles including Head of Finance at Banco BTG Pactual and Chief Operating Officer at BSI, till EFG acquisition of BSI. Mark Bagnall, who has held the role of Chief Operating Officer at EFG since January 2011, will assume his new role as Chief Technology Officer and remain a Member of the Executive Committee. Prior to EFG, he was with Merrill Lynch from 1998 to 2008 in London and Geneva.
Separately, Peter Fischer, Head of Strategy & member of the Executive Committee, announced his decision to step down with effect from 15th January 2018.
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Giorgio Pradelli, CEO of EFG International:
“We are pleased to announce Christian Flemming as a new Member of the Executive Committee and as Chief Operating Officer. With his extensive experience, we are confident that he will be a valuable addition to our management team and further improve our bank’s operative efficiency. Likewise, following Mark Bagnall’s important leadership role in the successful completion of the IT platform migration at the end of last year, we intend to make incremental investments in further improving our IT platform. In his new position as Chief Technology Officer, Mark will be able to dedicate the required resources and expertise towards further strengthening our bank’s IT systems and driving forward our digital strategy.”
European Financial Group International (SIX:EFGN) is a multinational Swiss private banking group offering private banking and asset management services. It was formed in 1995 by Jean Pierre Cuoni and Lawrence D. Howell, and five others. The genesis of the bank was by the acquisitions of both the right to operate from the Zurich office of Banque de Deposits and the Swiss operations of the Royal bank of Scotland.
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