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Mirabaud Group hires Carel Huber to lead its EAM team

He will report directly into Nicolas Mirabaud, managing partner and head of wealth management

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Pete Carvill

Mirabaud Group has appointed Carel Huber to the role of global head of its external asset management (EAM) management teams.

The firm said that Huber will be based in Geneva and is to report directly to Nicolas Mirabaud. His new role will sit within the company’s wealth management division, where he will be responsible for managing EAM teams in Switzerland and abroad from the beginning of October.

He joins from Societe Generale Private Banking, where he has worked since 2015, latterly as head of independent asset managers in Switzerland. Before SocGen, Huber spent seven years at Credit Suisse.

Nicolas Mirabaud, managing partner and head of wealth management at Mirabaud Group, said: “I am delighted that Carel has joined us as global head of EAM clients, for whom Mirabaud offers a tailor-made service through its focus on strong customer relationships. His managerial experience and extensive knowledge of the industry will be additional assets in serving this professional and demanding client segment.”

This development will also be supported by the new digital ecosystem introduced by the Mirabaud private bank. This is claimed by the firm to be the largest digital transformation project in the group’s history, enabling its teams to combine a personalised, human approach with cutting-edge technology and thus meet the expectations of a new generation of investors.

That development was first reported on earlier this year. In April, the firm called it the ‘largest project’ that it had embarked on, saying it was ‘pushing ahead its highly regarded entrepreneurial and passionate team to the next level of client service’.

As IBS Intelligence wrote at the time, “Starting in the spring of 2022, Temenos and Wealth Dynamix will be supporting Mirabaud’s move from traditional on-premise systems to deliver a digital end-to-end wealth management platform for the group over the next few years. With the generational transfer of wealth, new regulations, and growth in asset classes such as private equity or digital assets, the switch to SaaS (Software-as-a-Service) on Temenos Banking Cloud gives Mirabaud the agility to quickly adapt to changing investment opportunities and client expectations.”

According to its website, Mirabaud Group was founded in Geneva in 1819 and has, in 2022, offices in 16 cities across 10 countries and four continents. It also claims to have assets under management of CHF 38.9bn ($39.4bn) and 700 employees.

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