The Pictet Group has announced the appointment of Michael Duss as Head of Zone for French-speaking Switzerland at Pictet Wealth Management
Michael Duss has close to 20 years’ experience in wealth management and joined Pictet Wealth Management in 2022 as head of the Lausanne office. Carl Martinet will take over this role with effect from 1 July 2026. Previously, Michael Duss held several senior management roles at UBS, including head of global family office and UHNW for French-speaking Switzerland, as well as positions as senior relationship manager and M&A transaction manager. He also worked as a fund manager at Lombard Odier.
This appointment is in line with the Group’s strategy. Michael Duss will report directly to François Pictet, Managing Partner. In his new role, Michael Duss will be based in Geneva. He will continue to drive business development in French-speaking Switzerland, a longtime strategic hub for Pictet, while contributing to the growth and evolution of the firm’s activities in the region. He will focus on strengthening relationships with key clients and driving the continued growth of Pictet’s business in an ever-changing environment.
Commenting on the appointment, François Pictet said: “We are delighted at the appointment of Michael Duss as Head of Zone for French-speaking Switzerland. His extensive experience and in-depth knowledge of the sector will be invaluable assets as we continue to develop our business in this key region. We would like to extend our warmest thanks to Jean-Claude Erne for his dedication and his crucial contribution over the years. Under his leadership, the region has experienced significant growth and has established itself as a pillar of Pictet Wealth Management.”
Note to Editors
The Pictet Group is a partnership of owner-managers, with principles of succession and transmission of ownership that have remained unchanged since foundation in 1805. It offers only wealth management, asset management, alternative investment solutions and related asset services. The Group does not engage in investment banking, nor does it extend commercial loans. With CHF 757 (EUR 813, GBP 710, USD 955) billion in assets under management or custody at 31 December 2025, Pictet is today one of the leading Europe-based independent wealth and asset managers for private clients and institutional investors.
Founded and headquartered in Geneva, Switzerland, Pictet today employs around 5,500 people. It has 31 offices worldwide, in Amsterdam, Barcelona, Basel, Brussels, Dubai, Frankfurt, Geneva, Hong Kong, Lausanne, Lisbon, London, Luxembourg, Madrid, Milan, Monaco, Montreal, Munich, Nassau, New York, Osaka, Paris, Rome, Shanghai, Singapore, Stuttgart, Taipei, Tel Aviv, Tokyo, Turin, Verona and Zurich.
