New Head, and new Deputy Head, of Pictet Wealth Management Italy

Alessandra succeeds Luca Toniutti who is moving into a new role, as Chairman of Pictet Wealth Management Italy. Luca has led Pictet’s wealth management business in Italy very successfully for the past fifteen years, during which time the number of employees has quadrupled and assets under management have increased eightfold – a remarkable achievement.

Alessandra has over 20 years’ experience in the banking industry and private banking sector. She began her career in the finance sector with PwC before moving on to the Italian Stock Exchange. In 2000, she moved to CITI Private Banking where she built up extensive experience in investments over the course of five years. She joined Pictet Wealth Management in 2005 and went on to become Head of the Rome office in 2017 and Head of Milan in 2019.

Paolo Ramondetti joined Pictet 20 years ago and has acquired vast experience in the banking industry and the private banking sector. He successfully exercised various functions at Pictet in Italy, Luxemburg and Geneva, with strong expertise and professionalism.

Boris F.J. Collardi, Managing Partner of Pictet & Cie Group SCA said: “I want to thank Luca for the outstanding work he has done for Pictet in Italy. He embodies the professionalism and attention to detail that clients have come to expect of Pictet. I am pleased that we will continue to benefit from his experience as Chairman of our wealth management business in Italy. I congratulate both Alessandra and Paolo on their new roles. Both combine a sense for tradition with a strong entrepreneurial spirit. I am confident that together they will continue to develop our business with a ‘client first’ mindset.”

Commenting on Alessandra and Paolo’s the appointments, Luca Toniutti said: “I am pleased that I was able to help Alessandra and Paolo to deservedly take my position. It is rewarding to see such a succession happen from within the firm. Alessandra and Paolo, together with our more than 50 colleagues at Pictet Italy, have helped us achieve so much over the past 15 years.”

Commenting on her appointment, Alessandra said: “I’m very proud to lead PWM Italy, a great team of women and men, consistently committed to creating value for our clients, through an outstanding wealth management service. I look forward to working with Paolo and I am honored to carry on Pictet’s values of integrity, entrepreneurial spirit and responsibility to clients and local communities.”