Lugano Financial Advisors (LFA) has re-appointed Francesco Bernasconi as CEO following the departure of its year-long CEO René Marty.
Bernasconi is a founding partner of LFA, starting the firm alongside Spiro Spinelli. He acted as CEO for the firm until June of 2017, when René Marty was hired to take on the role.
Citywire Switzerland broke the news of Marty's departure on 15 June 2018.
Bernasconi told Citywire Switzerland in an interview that the role is not new to him, as he has 'always been CEO' apart from the previous year, when he was instead working as a senior relationship manager.
Bernasconi, Spinelli and Marty all previously worked at UBS.
LFA is an independent wealth management company providing its services to US clients domiciled in the US and abroad, and has offices in Zurich and Lugano.