Patrick Bédat to head Syz institutional management division
The Swiss banking group Syz has appointed Patrick Bédat as chief executive of its institutional asset management division Syz Asset Management.
He will take up his position on 13 September and will be in charge of managing the expansion of the group’s entire institutional asset management business.
An attorney-at-law by training, Bédat began his career in 1982 as an institutional asset manager with Pictet in Geneva, a position he held for eight years before joining the management of Banque Cantonale de Neuchâtel, and then that of UBS in Zürich.
In 1996, he returned to the Pictet group, where he held several managerial positions, in particular as operating manager of Pictet Asset Management, then of Pictet & Cie. Starting in autumn 2009, he spent a brief period at the management of Banque Bonhôte & Cie in Neuchâtel.
“Patrick Bédat’s extensive career makes him the ideal person for successfully ensuring the expansion of our asset management business. He combines in-depth experience of institutional management with great organizational talent, while sharing the values of a private bank such as ours,” says Paolo Luban, managing partner of Syz and in charge of the asset management business.
“I was impressed by the professionalism and strong investment culture of Syz Asset Management, and by the constant alignment of the Bank’s interests with those of its clients. Syz & Co enjoys an excellent reputation among professional investors and has the skills and resources needed to become an increasingly important player in institutional management,” adds Bédat.
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