What happens to all the highly acclaimed and expensive client advisors who followed Boris Collardi from Julius Baer to Bank Pictet? The question has moved the financial center since Collardi left the Geneva team head over heels.
Now it turns out that more and more of the Collardi boys are also moving away. The most recent departure is a senior manager: the Zurich head of the Pictet Middle East team.
His name is Saman Habibian and he was part of the famous troupe under Daniel Savary. The Swiss went to Pictet as one of the first known bankers with Collardi – with most of his team as a retinue.
A second man from the Zurich Middle East team is also gone. This is a staff member of the Zurich Middle East team.
Upon request, a Pictet spokesman confirmed the two personal details.
“Two employees from Daniel Savary’s team have decided to leave the bank to take on new challenges,” he stated in an email reply.
This is not a problem for Pictet. “Daniel Savary’s teams in Geneva, Zurich and Dubai, who look after the Middle East and Africa, consist of 40 people.”
That means: we have a proud troop size even after two departures.
For how much longer? With Habibian, a well-known banker in the industry jumps overboard. According to a source, Habibian had no desire to meet the suddenly strict compliance requirements of the new Pictet supervisors.
Life was probably more relaxed under Collardi. The man who left Julius Baer with a lot of construction sites and is now on and off with Pictet is known for taking risks and controversial customers.
Daniel Savary’s large team loved Collardi – and his management style. Now that the patron is no longer there, a new wind is blowing.
Some go or have to go. Daniel Savary is still part of the party. Insiders wonder if he will stay. “When one of his big customer advisors leaps away one after the other: what does Savary do?” One interlocutor puts in the room.
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