Private Client Services by Mercer (PCS), a market leader in integrated life insurance solutions for high net worth and ultra-high net worth individuals, announced the appointment of Marco Tullio Valiante as the new Head of PCS Switzerland.
In his role, he will be responsible for deepening existing private banking partnerships and securing new ones. Working with the marketing and product teams, he will also drive and develop new application concepts in the use of life insurance for estate and liquidity planning. Based in Zurich, Mr Valiante will report to Anubhav Bhushan, CEO of PCS International1 and work closely with the PCS Senior Leadership Team.
With more than 25 years of experience in wealth management and private banking, Marco specializes in product management and advisory for wealth planning solutions. Marco joins PCS from UBS AG where he was Global Head of Life Insurance Solutions for Wealth Management. He held various positions in UBS, first in Italy and then in Switzerland, and contributed substantially to the growth in assets under management and return on assets for the bank. He has also held similar roles at Merrill Lynch.
Mr Joseph Low, PCS Group CEO, said, “We have shown remarkable resilience last year in the face of the pandemic by continuing what we do best – tailoring insurance solutions for our clients with the flexibility to meet their specific needs and ensuring the best outcomes are achieved. With Marco now on board, his experience and network will be instrumental in bolstering our international presence in 2022 and beyond. That puts PCS in a strong position to capture new opportunities for growth.”
Mr Bhushan added, “There has been growing awareness on optimizing global life insurance solutions for estate planning amongst European clients more so in the last couple of years. Marco’s experience and pedigree in insurance solutions is the need of the hour.”
Commenting on his new appointment, Mr Valiante said, “There is immense potential and room for growth with the global economic recovery that is now underway. I’m delighted to be a part of this exciting journey for PCS, to expand our footprint in Europe while creating greater value for our clients.”
Re-disseminated by The Asian Banker