At an extraordinary meeting of shareholders of Falcon Group, Cyril Latroche was elected as new member of the board. In addition, Murtadha M. Al Hashmi and H.E. Khaled Balama AlTameemi have decided to resign from their board positions.
Mr Latroche is part of the investment team at Aabar Investments PJS. He joined Aabar in 2016, where he focuses on the financial services sector. Prior to joining Aabar, Mr Latroche was responsible for the strategic development and the asset management activities of Mubadala GE Capital, an Abu Dhabi-based 50/50 joint venture between Mubadala Development Company and GE Capital.
Christian Wenger, chairman of the board of directors, commented: “Cyril Latroche will add valuable industry knowledge, especially in the investments area, to our board of directors. We are delighted to welcome him to our team.”
The board of directors of Falcon Group consists of Christian Wenger (chairman), Cyril Latroche (vice-chairman), Marc P. Bernegger, Martin Keller and Dominik Schärer.
Falcon Private Bank is a Swiss private banking boutique with 50 years of expertise in wealth management. It is headquartered in Zurich with locations in London, Abu Dhabi and Dubai.