Transfers & Postings · BFSI
Richard Albrecht, a nearly thirty-year banking veteran, takes charge as Chief Executive Officer of Banque Richelieu Switzerland, with a mandate to grow the bank in Zurich and establish a presence in Geneva.
✦ AI SUMMARY 30-second read
- Albrecht joins from REYL Intesa Sanpaolo, where he was Head of Wealth Management since 2023.
- His mandate covers strengthening teams, expanding wealth management, and accelerating synergies across Group Banque Richelieu.
- Group Banque Richelieu reported assets under management above EUR 11 billion at end of June 2026 and targets EUR 15 billion within three years.
Why it matters: The appointment signals Group Banque Richelieu's intent to deepen its footprint in Switzerland's two key private banking centres.
This summary was generated by AI. Editors may review and update it.
Richard Albrecht has been appointed Chief Executive Officer of Banque Richelieu Switzerland, the Group announced. His immediate priorities are to accelerate the bank's business in Zurich and to establish it in Geneva.
Albrecht most recently served as Head of Wealth Management at REYL Intesa Sanpaolo, a post he held from 2023. Before that, he led the Swiss market for Deutsche Bank and subsequently for BNP Paribas in Geneva, having begun his career at UBS and Lombard Odier.
The mandate
Albrecht's brief is to lead the bank's next phase of growth in the Swiss market, reinforce its teams and wealth management business, and drive synergies with the other entities of Group Banque Richelieu.
Sylvain Fondeur, Chief Executive Officer of Compagnie Financière Richelieu, said Albrecht's knowledge of the Swiss market, wealth management experience and leadership track record make him well placed to lead the bank's strategic development.
Group context
Group Banque Richelieu reported assets under management in excess of EUR 11 billion at end of June 2026. The group, which is active in private banking, corporate finance and asset management, aims to grow that figure to EUR 15 billion within three years through organic development and selective external growth in its core markets.
Albrecht will work alongside Gian Nay, Deputy CEO of Banque Richelieu Switzerland.
Background
Albrecht holds a degree in economics from the University of Geneva, the Certificate of Management Excellence from Harvard Business School, and the Board Director Diploma from IMD. He brings nearly thirty years of experience in banking and wealth management.
About the officer
Richard Albrecht
| New post | Chief Executive Officer (CEO), Banque Richelieu Switzerland |
|---|---|
| Previous post | Head of Wealth Management, REYL Intesa Sanpaolo |
| Education | Degree in economics, University of Geneva; Certificate of Management Excellence, Harvard Business School; Board Director Diploma, IMD |
| Career so far | He began his career at UBS and Lombard Odier, then served as head of the Swiss market for Deutsche Bank and subsequently for BNP Paribas in Geneva, before joining REYL Intesa Sanpaolo as Head of Wealth Management in 2023. |
