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ABS & Gonet Conclude Strategic Partnership

Arab Bank Switzerland concluded its strategic business partnership with Gonet & Cie SA, following approval by the Swiss Financial Market Supervisory Authority (FINMA).
By ABS Staff
Abs Gonet Partnership

Following the approval of the Swiss Financial Market Supervisory Authority (FINMA), we have the pleasure to announce that our institutions have concluded the strategic business partnership agreement announced on November 10, 2022.

This partnership sees Arab Bank (Switzerland) Ltd. taking a majority stake in the family holding which owns Gonet & Cie SA. Each entity will however stay independent, keep its name and its banking licence.

Our two institutions are looking forward to starting a new phase in their development, solidifying their growth dynamic and their ambition of being amongst the key players in the financial market in Geneva.

The Board of Directors of Arab Bank (Switzerland) Ltd. is composed of Wahbe A. Tamari (Chairman), Jean-Pierre Roth (Vice-Chairman), Gérard Lohier, Alessandro Bizzozero, Omar M. Kamal, Claude Suchet, Pierre-Olivier Fragnière and Bassam W. Kanaan.

Nicolas Gonet will join this Board of Directors starting June 30th, 2023. Serge Robin is the CEO of Arab Bank (Switzerland) Ltd. since July 1st, 2018.

The Board of Directors of Gonet & Cie SA is composed of Edgar Brandt (Chairman), Jean-Pierre Roth (Vice-Chairman), Nicolas Gonet, Serge Robin, Alessandro Bizzozero, Sylvie Buhagiar and Henric Immink.

Early 2024, Nicolas Gonet will replace Edgar Brandt as Chairman of this Board of Directors. Jean-René Lepezel is the CEO of Gonet & Cie SA since January 1st, 2023. Arab Bank (Switzerland) Ltd. Gonet & Cie SA.

For more information see our press release of November 10, 2022.

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