Swiss banking group Reyl & Cie confirmed the departure of CIO François Savary (pictured) after he spent eight years at the group.
Reyl & Cie responded to his resignation by stating: “We regret the departure of François Savary who worked for eight years for REYL Banque & Cie. We thank him for his contributions. Obviously we can not comment on his future professional career steps he wishes to take.”
Savary has been CIO and chief strategist at Reyl & Cie since 2007, he was among others in charge of the investment research group. Prior to that, he worked as CIO for Darier Hentsch & Cie and as chief strategist at Deutsche Bank Switzerland, as well as as head of publication for the French financial newspaper L’Agefi.