Chairman Alexandre de Rothschild for Rothschild & Co. Gestion
Rothschild & Co. chose Baron Alexandre de Rothschild to replace his father as the investment bank’s top executive on May 2018, a long-planned succession that puts the seventh generation of the family in charge.
The younger Rothschild took over from his 75-year-old father, Baron David de Rothschild, who became chairman of the supervisory board at the shareholders’ meeting according to a company statement below. Alexandre was appointed executive chairman of Rothschild & Co. Gestion, Rothschild & Co.’s managing partner.
Alexandre, 37, joined the family company a decade ago to focus on the merchant-banking division after working at other financial firms. Under his father, the bank changed its corporate structure, combining its French and U.K. units to form Paris Orléans SA, a Paris-traded company that was renamed Rothschild & Co. in 2015.
More recently, the lender has sought to expand in the U.S. Over the past two years, Rothschild & Co. has sought to expand its footprint in U.S. advisory by hiring senior bankers and opening offices in San Francisco and Chicago. In France, the company last year acquired Cie. Financiere Martin Maurel, a Marseille-based wealth manager, to broaden its private-banking and lending activities for affluent families.
With a team of approximately 3 500 financial services specialists on the ground in over 40 countries across the world, Rothschild & Co. provides long-term solutions for our clients in Global Advisory, Private Wealth & Asset Management and Merchant Banking. Rothschild & Co is family-controlled and independent and has been at the centre of the world’s financial markets for over 200 years.