who was also president of Edmond de Rothschild Europe, will quit following the death of Benjamin de Rothschild, according to a press report. At the heart of Pauly’s move are the differing views of Pauly and Benjamin de Rothschild’s wife Baroness Arianne de Rothschild on the business model of the group, said news site Reporter.
Pauly, who had been on the board since 2016, replaced former CEO Vincent Taupin in 2021. , he chaired the board of directors of Banque Internationale à Luxembourg until March 2016. Chairman of Compagnie Financière La Luxembourgeoise since May 2014, he has sat on various boards in Luxembourg and abroad, including Saint-Paul Luxembourg, the parent company of the Wort newspaper in the past.
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According to Reporter, Pauly should be leaving around mid-March. The bank declined to comment on the Reporter story. Pauly did not respond to Reporter’s request for comment.
The Edmond de Rothschild group is active in private banking, asset management, institutional and fund services and corporate finance. In February, the Luxembourg branch members of staff.