About us

Banque Richelieu Monaco

The Richelieu DNA in action

Our organization focuses on our clients’ concerns. Each of them has access to dedicated, agile and professional employees.

Exclusive and personalized financial services

We focus on 3 major areas of services: wealth management planning, real estate financing solutions and tailored management of investment portfolios. Performance is at the heart of our client strategy. Our discretionary portfolio management and our personalized mandates represented a large part of our activity with performances that deserve to be highlighted and acknowledged.

International level

We have organized ourselves ourselves around 5 key market segments: Europe and Monaco, Middle East/Levant, Eastern Europe/Commonwealth of Independent States, Africa and we are recruiting new bankers to support us. We have foreign partners, notably in Cyprus and Abu Dhabi (Banque Richelieu GCC), with whom we can build tailor-made offers.

The overly standardized approach of some financial institutions in terms of both compliance and documentary formalism is often incompatible with high-end international clientele. We strive to adopt a pragmatic, agile and rapid approach to decision-making without ever over-interpreting or replacing the competent authorities, without derogating from strict compliance with regulations. Fully understanding cultural differences, our employees from 12 different nationalities, speak nearly 15 languages to ensure greater personalization of customer relations.

We also support our independent managing partners within a dedicated team in order to provide them with a platform and adapted business solutions with integrated and multilingual services.

Our executive board

Antoun Sehnaoui

Chairman of the Executive Board

Antoun Sehnaoui became the Chairman of Compagnie Financière Richelieu in 2018. He is also the Chairman of the Supervisory Board of Banque Richelieu France and the Chairman of the Board of Directors of Banque Richelieu Monaco. Antoun Sehnaoui is also involved in other sectors such as real estate, cinema, and media.

Georges Saghbini

Vice-Chairman

Georges Saghbini is also Georges Saghbini is also a board member of Compagnie Financière Richelieu, the Vice-Chairman of the Supervisory Board of Banque Richelieu France, the Chairman of the Board of Richelieu Gestion. He is also a member of the Board of Directors of SocGen Cyprus and Banque Richelieu GCC.

Sylvain Fondeur

Permanent Representative of Compagnie Financière Richelieu – Board Member

Sylvain Fondeur is also the General Director of Compagnie Financière Richelieu and the Chairman of the Executive Board of Banque Richelieu France. He joined Compagnie Financière Richelieu at its inception in 2018 as CFO. He has over 10 years of experience in audit and M&A, specializing in mergers and acquisitions in the financial services sector. He began his career in 2007 in the asset management division of PwC Luxembourg and joined PwC France in 2010 as a Senior Manager in the Transaction Services department.

Jacques-Henri David

Board Member

Jacques-Henri David is also a board member of Compagnie Financière Richelieu, a member of the Supervisory Board of Banque Richelieu France, and Richelieu Gestion. He served as the General Director of Compagnie Financière Richelieu from 2021 to May 2024. He has also been the Chairman of the Financial Activities Control Commission of the Principality of Monaco. He began his career at the Banque de France before joining the office of the French Minister of Finance, which he led in 1980 and 1981. From 1985 to 1989, he served as Chief Financial Officer and then General Director of Compagnie de Saint-Gobain. He was the founder and first Chairman of the Banque des PME, which later became BPI France, and he chaired Deutsche Bank AG in France from 2000 to 2009.

Thierry Pascault

Board Member

Thierry Pascault began his career as Head of Banking Practices at Booz Allen & Hamilton in 1976. He co-founded Telesis in 1987, then became Senior Partner from 2000 to 2015 at A.T. Kearney. He is currently a board member of BGFI Holding Corporation, and Richelieu Gestion. Thierry Pascault has over 35 years of management consulting experience within financial institutions, specializing in strategy, organization, operational efficiency, and control.

Governance

Thomas Lhuillier

General Manager & Chief Executive Officer

40 years old, Thomas Lhuillier graduated from the Victoria University of Wellington and the University of Paris 1 Panthéon-Sorbonne. He started his career in 2006 at Crédit Foncier de France and in 2008, he took over the management of the English-speaking clientele of the Monegasque branch. In 2011, he joined the Société Générale Group as a Developer for international UHNWI clients. He thus contributed to the commercial development of Société Générale Private Banking Monaco before heading the real estate financing department in 2014, and then the development department in 2015. In 2017, he was appointed Commercial Director. He will leave his position in 2018 to become Deputy General Manager of Banque Richelieu Monaco. With his experience in international private banking, his knowledge of the Monegasque financial market and his skills in Private Banking, Thomas Lhuillier’s mission is to steer the growth strategy of Banque Richelieu Monaco.

Slim Jaziri

Deputy Chief Executive Officer

Slim Jaziri is 42 years old and holds a Master’s degree in Market Finance. He started his career in 2004 as a research and IT development engineer. In 2007, he joined Société Générale Group where he successively held the positions of Quantitative Research Engineer, Head of a Credit and Market Risk Modeling Unit and Senior Credit Officer in charge of risk supervision for international corporate financing. He was then Risk Director of Société Générale Private Banking Monaco. In 2018, he joined Compagnie Financière Richelieu at its creation as Risk Director of the Richelieu Group. As part of his duties as Deputy Chief Executive Officer of Banque Richelieu Monaco, Slim Jaziri is particularly in charge of Operations, Treasury, IT, Human Resources, Legal and Regalian Functions.

Gérard Lafitte

Deputy General Manager & Chief Financial Officer

Gérard Lafitte has been Deputy Chief Executive Officer of Banque Richelieu Monaco since 2018 and also Chief Financial Officer since 2007. Graduated as a Certified Accountant, he began his career in the audit, accounting and consulting sector in France in 1993 and then in Monaco with PWC before joining KBL Monaco in 2000.