Regulatory authorities give green light for the creation of the Compagnie Financière Richelieu.

The Compagnie Financière Richelieu brings together Banque Richelieu France, Banque Richelieu Monaco and Richelieu Gestion. It is chaired by Mr Antoun Sehnaoui. Mr Philippe de Fontaine Vive has been appointed Managing Director.

The Compagnie Financière Richelieu will lead this new platform of private banking and asset management while consolidating the position of each of these entities. It will allow them to be firmly in line with a long-term dynamic and development standpoint.

Banque Richelieu France (formerly KBL Richelieu Banque Privée) has always assisted its clients by offering them a comprehensive tracking of their assets, tailored investment solutions as well as financing options. It is chaired by Mr Antoun Sehnaoui. Mr Régis Brochot remains Chairman of the Management Board.

Banque Richelieu Monaco (formerly KBL Monaco Private Bankers) is known for providing its international clientele tailored and exclusive financial services. It is chaired by Mr. Antoun Sehnaoui. Mr Jean Danckaert remains Member of the Board and Managing Director.

Richelieu Gestion (formerly KBL Richelieu Gestion) has, since its establishment, been building a portfolio of distinctive funds with historic expertise in stock-picking and a conviction based management. The management company is chaired by Mr Georges Saghbini.
Mr Christophe Boulanger is appointed Managing Director.

Mr. Antoun Sehnaoui comments: “This operation represents a great opportunity to build a major international banking platform. We are able to fulfill our clients’ ambitions by offering them flexible and resourceful solutions. We carry out our work with dedication, passion and stringency.”