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EFG International appoints chief executive for Caribbean

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EFG International has appointed Carlos Valle as chief executive, Caribbean.

He replaces Ludovic Chechin-Laurans, who moved to Switzerland last year to assume responsibility for private banking in Geneva while also becoming deputy CEO of EFG Bank.

Chechin-Laurans continues to oversee the Caribbean business, and Valle will report to him.

A highly experienced financial services professional, Valle has held a variety of senior roles within Merrill Lynch, where he worked for over 20 years. Most recently he was managing director, global wealth management, New York international complex, and before that managing director, institutional advisory division. He was latterly a visiting professor at the Darden School of Business Administration, University of Virginia.

Chechin-Laurans says: "I am delighted that we have been able to bring on board such an experienced individual as Carlos Valle. He brings extensive financial services and senior management experience, and is well equipped to take the business to the next stage of its development. We will be working closely together to optimise performance across the Caribbean region."

Valle says: "This is an exciting challenge. The dynamic culture of EFG was a strong attraction for me, and the business is well positioned for continued profitable growth in the Caribbean. I look forward to working with my new colleagues to make this happen."

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