The Monaco part of the banking group has made a number of senior management changes.

The Monaco-based subsidiary of Zurich-listed EFG International EFG (Monaco) has appointed its CEO, Carlo Maturi, as the new chair of its board of directors, as of yesterday. The appointment is subject to regulatory approval.  

Maturi is due to succeed Jean-Claude Gourrut, who is retiring after 15 years in the job, and a total of 20 years at the bank.

Hervé Ordioni will succeed Maturi as CEO of EFG Monaco, reporting to Patrick Ramsey, EFG’s head of the Continental Europe and Middle East Region.

Maturi has led EFG Monaco as its general manager since 2009 and as its CEO since 2018. He joined EFG Group 17 years ago, when EFG bought Banque Monegasque de Gestion (Unicredit Group).

Ordioni most recently served as CEO of international private banking at Edmond de Rothschild from 2022 to January 2025, and as chair of its Monaco and UK entities.



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