CEO and board member of UBS Fund Management Luxembourg SA since 2019 (now renamed UBS Asset Management (Europe) SA),  has taken an approach that is both resolutely sensitive and highly technical: she is recognised for her excellent knowledge of the regulatory and legal environment associated with management companies, as well as risk management and compliance.

A native of Italy who has been active in Luxembourg for 25 years, she previously headed up SMBC Nikko’s management company. She is wary of those who say “we’ve always done it this way” and deals with flexibility on a daily basis. A mother and CEO who pays close attention to the balance between her private and professional life, she loves to travel with her family.

Paperjam: How do you handle resistance or scepticism directed at you?

Francesca Prym Gigli: I believe the most effective approach is to present strong arguments and demonstrate a thorough knowledge of the business. In summary, showcasing competencies and skills.

Do you believe gender equality is improving within boards of directors?

Ten years ago, there were far fewer women on boards across the industry. Now, diversity is a criterion that is being considered industry-wide.

What is your opinion on quotas for women on boards?

I believe that focusing on the right profile will naturally lead to more women in leading positions across the industry.

In your view, how does diversity affect a board’s performance?

Diverse perspectives are essential for addressing the complex environment that all businesses operate in today.

What advice would you give to a woman hesitating to take this path?

Just do it. And recognise the value you bring to the table. But don’t rush your career. Sometimes it is good to be patient.