Quintet Private Bank Boosts Board with Former CEOs and Deutsche Bank CIO

Quintet Private Bank has appointed two former CEOs and a former Deutsche Bank CIO to its board. The additions aim to strengthen the bank's leadership and expertise in the private banking industry. The new board members bring extensive experience in finance and technology, which will benefit the bank's strategy and growth.

Quintet Private Bank has bolstered its leadership and strategic expertise by appointing three new members to its board of directors. The Luxembourg-headquartered bank announced the appointments on September 9, aiming to strengthen its governance and strategic capabilities in the private banking industry [1].

The new board members include Mitchel Lenson, formerly group chief information officer at Deutsche Bank; Antonio Lorenzo, former chief executive of Scottish Widows and member of the executive committee at Lloyds Banking Group; and Carolina Minio-Paluello, founder and chief executive of European technology platform Vitruvya. They will work alongside existing directors under the leadership of chairman Hugo Bänziger, who previously served as a management board member at Deutsche Bank and partner at Lombard Odier [1].

Hugo Bänziger welcomed the new members, highlighting their expertise in areas critical to the bank and the wider sector. He noted that the directors will collaborate closely with the authorized management committee to reinforce Quintet’s foundation and support long-term growth [1].

Mitchel Lenson, who oversaw global technology and operations at Deutsche Bank, later served as a non-executive director at Nationwide Building Society and fintech firms including Currencycloud [1]. Antonio Lorenzo, who led Scottish Widows and headed insurance and wealth at Lloyds, also worked at Santander and sits on the boards of FNZ and Schroders Personal Wealth [1]. Carolina Minio-Paluello, founder of Vitruvya, previously ran Arabesque AI and held senior investment roles at Schroders, Lombard Odier, Goldman Sachs, and Citi [1].

Quintet employs around 1,700 people globally, with approximately 800 based in the Grand Duchy [1].

References:
[1] https://delano.lu/article/quintet-luxembourg-names-3-new-board-directors