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Magali Vercesi spent fourteen years in trading rooms as an dealer, and in risk control associated with the transactions handled there. Thirteen years ago, she joined the government’s Ministry of Finance to check within the law 11.94 framework all activities subject to approval: management, advice, order transmission. Then, after managing the Office des Émissions de Timbres-Poste for 5 years, in May she joined the Financial Activities Supervisory Commission (CCAF) as Secretary General.
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The international auditing and consulting firm PwC (PricewaterhouseCoopers) has chosen Monaco as one of the 157 countries where its network has permanent teams. We met Claude Palmero and Frank Vanhal, two of the firm’s partners.
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Since 1992, ACI Monaco has aimed to develop and establish links between all Monaco financial centre players. By offering courses on different financial instruments it aims to contribute to the development of the banking profession. Its presence is enriched by an annual Symposium, for which this year’s theme was “Intelligent ETFs? How to get more from passive management with Smart Beta ETFs”. Olivier Paquier, SPDR Exchange Traded Funds (ETFs) Manager for France, Monaco, Spain & Portugal at State Street Global Advisors, gave a noteworthy speech on this subject which we have taken the liberty of reproducing in full.
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Urs Minder came to Monaco 20 years ago, initially for 3 years, the time needed to complete his mission of restructuring UBS (Monaco) S.A.’s offering. He never left Monaco and has established his family there.
A true ambassador of Swiss culture, he was appointed Honorary Swiss Consul to Monaco in November 2004.
Not lacking in ambition for UBS (Monaco) S.A. where he has been CEO since 2011, his enthusiasm is contagious. A portrait.
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After being Director General of the Principality of Monaco’s Ministry of Foreign Affairs for almost 7 years, Mireille Pettiti is now Monegasque Ambassador to the Russian Federation. We asked her about the relations between the two countries.
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Last July, MONEYVAL’s European anti-money laundering experts made their report on Monaco public, with a positive overall assessment. Meet Marie-Pascale Boisson, Director of the Financial Network Information and Control Department.
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Former Permanent Secretary for the Pacific and Ambassador representing France to the Pacific community, Mr. Hadelin de la Tour-du-Pin is an experienced high official. A historian by training, he very quickly chose foreign affairs as his specialisation. He is now French Ambassador to Monaco.
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Monaco Telecom, the host operator, provides mobile telephony, landline telephony, Internet and television services in the Principality. As of last June, the company is offering the DC3 hyper-efficient Data Center, in addition to the existing 130 bay data hosting capacity. Meet the Managing Director, Martin Péronnet.
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Andbank, based in Monaco since 2011, is a relatively new financial institution in the financial centre. CEO Gérard Griseti, after a banking career in the Indosuez Group and in particular with CFM Monaco and then EFG Bank in Zurich, explains his Group’s ambitions.
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Francesco Grosoli is both Managing Director of Barclays Bank in Monaco and Managing Director Wealth & Investment Management Europe for the Barclays Group. Since 1989, Monaco has benefitted from Francesco’s expertise and private banking know-how.
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Gordon S. Blair is almost an institution in Monaco. Chaired by Xavier de Sarrau, this firm specialising in legal and tax consultancy has a very international clientele. It is also present in Geneva. Meet its CEO, Gilbert Delacour.