Engel & Völkers AG today announces changes to its Supervisory Board in line with its rapid international expansion. Michael de Picciotto assumes the new role of Vice-Chairman of the Supervisory Board with immediate effect. The restructured Supervisory Board now consists of Chairman Dr. Walter Kuna, Vice-Chairman Michael de Picciotto, and Board Members Thomas Völkers and Dr. Thomas Bühler. “I am very pleased that we have been able to secure the appointment of Michael de Picciotto as Vice-Chairman. Our company is set to benefit greatly from his broad and extensive professional experience as we advance our global expansion plan,” said Christian Völkers, CEO/ Founder of Engel & Völkers AG.
For the past 27 years, Michael de Picciotto has held various managerial positions in both Asset Management and Private Banking at the Swiss private bank Union Bancaire Privée (UBP) in Geneva and in London, and was a member of the Executive Board. He has a well established reputation as a creative and experienced banker, familiar with the contingencies and challenges of the contemporary financial world. He also has a wide global network. This includes Institutional Investors, as well as Ultra High Net Worth (UHNW) families – key target groups for Engel & Völkers. “I wish Michael de Picciotto a successful start in his new role,” Christian Völkers added.