Yves Mirabaud on Mirabaud Endeavor’s.
Yves Mirabaud joined the Mirabaud bank in the year 1993. The bank puts the clients first and has continued to grow through the years. Mirabaud recently expanded to Europe, Switzerland, the Middle East, and Latin America, and it almost reached the break-even point in the Middle East. Mirabaud plans on hiring 20 new client advisers to reinforce their offices within those areas.
Yves retaliates that they are evaluating a core banking system which could either be Avaloq or Temenos. They plan to advertise ESG since they have a fair engagement. Their primary focus is on technology.
Mirabaud’s results for 2020 showed a return on equity of 15 percent, which given the circumstances around Covid 19, was one of the best years in 200-year history. Yves Mirabaud adopted the hedging strategy, which saw less volatility on their portfolios. Yves Mirabaud notes that in the year 2020, they won many new wealth management clients and did well in the first six months. The branch in Paris in Zurich supported advisory in private banking.
The bank has been cautious on spending and directed savings in travel & entertainment and sponsoring events. Mirabaud has entered into mergers and acquisitions, winning several private bankers in the seven active markets. The bank has invested in a real estate private equity fund and gathered $1 billion. They plan more of this in the US. Yves talks about climate change and its effect on the banking industry. He says that the bank is seen as a problem on most occasions, but he believes that banks are part of the solution. The banks are mandated to develop updated technology to mitigate the effects of climate change. See related link for additional information.
Yves Mirabaud is a graduate of the Graduate Institute of International Studies in Geneva with international relations degrees. He chairs the board of Mirabaud $ Cie SA and Mirabaud Abu Dhabi Limited.
More about Yves Mirabaud on https://www.mirabaud.com/en/mirabaud-group/governance