CA Indosuez Wealth Management has appointed Nicolas Bayet as head of markets and investment solutions for the following markets: Luxembourg, Belgium, Spain and Italy.
Bayet, who joined the firm in May, is based in Luxembourg and reports to Olivier Chatain, chief executive and head of Private Banking Europe at CA Indosuez Wealth Management Europe, as well as to Frédéric Lamotte, global head of Markets and Investment Solutions for the Indosuez Wealth Management group, the company said in a statement announcing the move
Bayet will sit within the executive committee of CA Indosuez Wealth Europe.
In his new role, he will be responsible for the investment strategy of Indosuez Wealth Management in Spain, Belgium, Italy and Luxembourg.
Bayet was hitherto head of Investment Services and Product Solutions Group of HSBC Private Bank in Monaco.
In October 2016, CFM Indosuez Wealth Management, which represents the Indosuez Wealth Management network in Monaco, agreed with HSBC Private Bank to welcome clients from HSBC’s client base in the Principality of Monaco.
Bayet also served as head of Discretionary Portfolio Management in HSBC Private Bank Monaco. Prior to that, he held roles of fund manager at Edmond de Rothschild in Luxembourg and started his career at Puilaetco Deeway as sell-side equity analyst in 2000.