Quintet Private Bank on 8 November 2024 announced two appointments: has been named head of wealth management at Quintet Luxembourg, while takes the role of group head of asset servicing & financial intermediaries.
Pardini brings 25 years of experience advising high net worth individuals and families with him. He joins Quintet from Bank J. Safra Sarasin (Luxembourg), where he served as managing director and headed the firm’s French branch. Before that, he spent over 17 years at Edmond de Rothschild, where his most recent position was deputy CEO. Pardini also worked at UBS from 2001 to 2004. He started his career at EY, where we worked from 1996 to 2000.
“I am very excited about putting my experience to work at Quintet, a private bank differentiated by deeply personal client relationships and holistic advice, founded upon open-architecture principles,” Pardini told Paperjam. “I have been impressed by the group’s growth ambitions and by the Quintet colleagues I have already met. I look forward to working with all my new colleagues, here in Luxembourg and across the group.”
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In parallel, announced that Thomas Klein had been named group head of asset servicing & financial intermediaries. Klein, who joined the bank in 2021 to lead its Luxembourg-based asset servicing business, was also responsible on an interim basis for Quintet Luxembourg’s wealth management activities. Before joining Quintet, Klein was head of service delivery, asset servicing and member of the executive business committee at UBS Luxembourg, and prior to that, held the role of chief risk officer at UBS Luxembourg.
“Over the past two years, we have created new economies of scale, reduced organisational complexity and increased collaboration in service to our clients. Today, as a consequence, Quintet Luxembourg is well positioned for further growth,” Klein told Paperjam, adding that Quintet had been named “Best Private Bank in Luxembourg” on Thursday evening at the Global Private Banking Awards in London. “I look forward to focusing my full attention on the ongoing growth of our asset servicing & financial intermediaries activities, working in continued close collaboration with my colleagues in Luxembourg and across Europe and the UK.”
Both Pardini and Klein will report to Quintet Group CEO , “We are very pleased to welcome Stéphane to Quintet Luxembourg, where he will drive the ongoing growth of our private client business, serving families here in the grand duchy and, from Luxembourg, across Europe,” Allen said. “At the same time, we are delighted to announce Thomas’ new responsibilities, reflecting the close alignment between our asset servicing and financial intermediaries business lines and his outstanding leadership over the past four years.”
Founded in 1949, Quintet Private Bank (Europe) has its headquarters in Luxembourg. Its “family” of private banks includes Brown Shipley (UK), InsingerGilissen (Netherlands), Merck Finck (Germany), Puilaetco (Belgium), Quintet Danmark (Denmark) and Quintet Luxembourg (Luxembourg).