EFG International has appointed Enrico Piotto as its new Chief Risk Officer and a member of the Executive Committee, effective 01 June 2021.
Piotto, who will report directly to CEO Giorgio Pradelli, is a seasoned finance and risk management professional with 20 years of experience in the banking industry. Before joining EFG, he has served as Head of Lending for Wealth Management Europe at Deutsche Bank since 2018. From 2003 to 2018, Enrico Piotto held various senior roles at UBS AG, including Risk Control Lead for the Establishment of Wealth Management lending offering strategy, Chief Risk Officer for Wealth Management Europe, Emerging Markets and Global Head of Wealth Management Transaction Decisions. Enrico Piotto holds a PhD in Nuclear Physics from the University of Milan and an MA in Physics from the University of Padua. He is a Swiss and Italian citizen.
In this role, Piotto will succeed Raj Singh, who stepped down as Chief Risk Officer on 31 December 2020. Dimitris Politis has since performed this function on an interim basis alongside his role as Chief Financial Officer.
Pradelli says: “I am very pleased that Enrico Piotto is joining EFG as our new Chief Risk Officer. I am convinced that with his deep expertise and professional knowhow as well as his proven leadership skills, Enrico will further enhance our strong risk management framework and make a significant contribution to the bank’s strategic development and success. I look forward to working with him and wish him every success in his new role.”