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12 March 2025

EFG announces changes to the Board and Management team in Monaco

The Monaco-based subsidiary of EFG International AG (EFG Monaco) is today announcing the appointment of Carlo Maturi, the entity’s current CEO, as the new Chair of the Board of Directors, effective 12 March 2025 and subject to regulatory approval. He will succeed Jean-Claude Gourrut, who is retiring after 15 years in this role. Hervé Ordioni succeeds Carlo Maturi as CEO of EFG Monaco, reporting to Patrick Ramsey, EFG’s Head of the Continental Europe & Middle East Region.

Jean-Claude Gourrut is retiring from his role as Chair of EFG Monaco after 20 years of dedicated leadership and service to the bank. Carlo Maturi is ideally positioned to succeed him in this strategically important role for EFG. He has successfully led EFG Monaco as its General Manager since 2009 and as its CEO since 2018. Under his leadership, EFG Monaco was positioned for long-term success and continued growth. Carlo Maturi joined EFG Group 17 years ago, when Banque Monegasque de Gestion (Unicredit Group) was acquired by EFG. 

Effective today, Hervé Ordioni will succeed Carlo Maturi as CEO of EFG Monaco, reporting to Patrick Ramsey, EFG’s Head of the Continental Europe & Middle East Region. Hervé Ordioni is a very experienced professional who most recently served as CEO of International Private Banking at Edmond de Rothschild from 2022 to January 2025, and as Chair of its Monaco and UK entities. Between 2013 and 2022, Hervé Ordioni was CEO of the Monaco entity of Edmond de Rothschild. 

Matteo Mescolini, Deputy General Manager and Co-Head of Private Banking of EFG Monaco since 2022, will be appointed as General Manager with immediate effect and will continue to work closely with Hervé Ordioni and the team. Matteo Mescolini has played an essential role in ensuring the success of the business, working closely with Carlo Maturi. 

Giorgio Pradelli, CEO of EFG International: “I would like to express my sincere thanks to Jean-Claude Gourrut, the outgoing Chair of EFG Monaco, for his dedication to the company over the past 20 years. He was instrumental in building and ensuring the effective supervision of its activities by the Board of Directors. I wish him all the very best for the future. I am delighted that Carlo has been appointed as the new Chair of our Monaco entity, which he and his team have positioned for sustainable success over the past 17 years. I am convinced that under his strategic guidance and leadership, our business in Monaco will continue to prosper.”

Patrick Ramsey, EFG’s Head of the Continental Europe & Middle East Region: “I look forward to continuing our close collaboration with Carlo Maturi and I am delighted to welcome Hervé Ordioni as our new CEO for Monaco. With Hervé, we have found the ideal successor for Carlo. He brings with him extensive industry experience in an executive leadership position in Monaco. I am convinced that Carlo, Hervé and Matteo will ideally complement each other as they work together to drive forward our business in Monaco.”

Carlo Maturi, new Chair of the Monaco Board: “I am honoured to have been appointed to this important role. I very much look forward to a close and successful collaboration with my fellow members of the Board and the management team under Hervé and Matteo.” 
 

Important disclaimer

This document has been prepared by EFG International AG (“EFG”) solely for use by you for general information only and does not contain and is not to be taken as containing any securities advice, recommendation, offer or invitation to subscribe for, purchase or redeem any securities regarding EFG. 

This media release includes forward-looking statements that reflect EFG’s intentions, beliefs or current expectations and projections about EFG’s future results of operations, financial condition, liquidity, performance, prospects, strategies, opportunities and the industries in which it operates. Forward-looking statements involve all matters that are not historical facts. EFG has tried to identify those forward-looking statements by using the words ‘may’, ‘will’, ‘would’, ‘should’, ‘expect’, ‘intend’, ‘estimate’, ‘anticipate’, ‘project’, ‘believe’, ‘seek’, ‘plan’, ‘predict’, ‘continue’ and similar expressions. Such statements are made on the basis of assumptions and expectations which, although EFG believes them to be reasonable at this time, may prove to be erroneous.

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