CMB launches the Philanthropy Academy

1st row: Nathalie Mamann, Mireille Lefebvre, Robert Laure, Anisse Benchalel 2nd row: Philippe Wenden, Werner Peyer, Federico Limiti, Sabrina Ristorto, Laurence Billon, Eric Tournier.
1st row: Nathalie Mamann, Mireille Lefebvre, Robert Laure, Anisse Benchalel
2nd row: Philippe Wenden, Werner Peyer, Federico Limiti, Sabrina Ristorto, Laurence Billon, Eric Tournier.

On Tuesday, October 24, Compagnie Monégasque de Banque (CMB) hosted the first session of the Philanthropy Academy, a response to a growing demand from its clientele in the Monaco area, at the Meridien Hotel.

“Philanthropy means being committed to working for the well-being of humanity,” said Werner Peyer, CEO of CMB, adding “an institution like ours has a duty to get involved in the future of the next generations”.

The six-module course covers all the topics that a philanthropist needs to understand in order to embark on the adventure: evaluation criteria, vision, opportunities, resources and partners, in short, all the ingredients necessary for the success of his or her project.

CMB’s team of lecturers is also supported by external experts and guest speakers who will shed light on topics, such as taxation specific to philanthropic activities.

For its kickoff, the first guest speaker was HE Bernard Fautrier, Vice-President and CEO of the Albert II Foundation. Other well-known personalities will come to share their experience, including Sir Stelios Haji-Ioannou, founder of the Stelios Philanthropic Foundation and of easyJet.

This new Academy will allow CMB to contribute to the education of a public that is aware of the values of philanthropy, and offer it a new investment axis for its strategies.

The Philanthropic Academy is in line with its older sister, the Academy for Women and Finance.

Building on their success, the CMB Academies will unveil new projects in 2018. CMB, the Monegasque private bank founded in 1976, specialises in investment advice. The bank offers a diversified range of tailor-made products and services, including asset and wealth management as well as financing adapted to the specific needs of each investor.


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Extensive specialised help for youngsters at Centre Plati

Photo: Manuel Vitali/DC
Photo: Manuel Vitali/DC

Didier Gamerdinger, Monaco’s Minister of Health and Social Affairs, has visited the staff of Centre Plati, a medical and psychological centre for children and adolescents to meet staff and to learn more about its work.

The Centre Plati supports children domiciled or schooled in the Principality who have psychological difficulties or learning disorders. The centre consists of three units: The Medical-Psychological Centre (CMP); The Partial-Time Therapeutic Reception Centre (CATTP); and the Centre for Screening for Learning Disorders (CDTA).

Dr Filippo Giulioni, a child psychiatrist, is in charge of the Medical-Psychological Centre, whose mission is to help children suffering from psychological disorders. Composed of a team of 12 people, the CMP offers individual care between the child and a therapist. Nearly 333 children and teenagers have so far benefited from an individualised follow-up by these professionals.

Parents, as decision-makers, are regularly informed about the child’s progress. “Parents are active and attentive partners in monitoring children,” the minister said.

The Partial Therapeutic Hospitality Centre and the Centre for Screening for Learning Disorders, under the responsibility of child psychiatrist Dr Marcelline Renaud-Yang, treat 200 children a year referred by a school doctor, a city doctor or the Princess Grace Hospital.

The CATTP is made up of a multidisciplinary team of 11 people and carries out treatment groups with other young people. Created at the end of 2012, the Centre for Screening for Learning Disorders now has 28 therapeutic groups, which makes it possible to anticipate and detect learning disabilities of children with socialisation difficulties.

Dr Renaud-Yang says that this is about employing techniques that help the child to decrypt his emotions to better focus.


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Jeune Chambre Economique de Moncao, JCE, Business Time au Yacht Club de Monaco avec le CHPG
Jeune Chambre Economique de Moncao, JCE, Business Time au Yacht Club de Monaco avec le CHPG

Sagan stays in Monaco to welcome his son

Peter and Katarina Sagan. Photo: Twitter Peter Sagan‏
Peter and Katarina Sagan. Photo: Twitter Peter Sagan‏

Monaco resident Peter Sagan and his wife Katarina have announced the birth of their first child, a boy named Marlon. The Slovak cycling champion broke the news on October 25 Twitter, his favourite means of communication.

Sagan, who is idolised in his home country, last month became the first man ever to win the road world championship for the third year in a row.

After his disqualification from the Tour de France in July, Sagan’s fortunes on the road have markedly improved. In September, he took his 100th professional win at the Grand Prix Cycliste de Quebec, and then followed that with his third consecutive rainbow jersey in Bergen, Norway.

Sagan said he had stayed in Monaco to be at his wife’s side instead of attending the UCI World Gala in Guilin, China. “I think you understand that family comes above all, so I want to be by the side of my wife,” he said.

Sagan has said that he prefers to live in Monaco rather than Slovakia since his celebrity at home would make his life difficult. In Monaco, he enjoys relative anonymity, he said.


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Monaco Japan Week set to be annual event

sakeMonaco Japan Week, held in the Principality from October 12 to 14, was an undoubted success. Sponsored by the Japan National Tourism Organisation, the Embassy of Japan in Monaco, the Monaco Government Tourist and Convention Bureau and the Monaco Japan Association, the event was a natural development from the Japan-Monaco Cultural Exchange Tea Party, which was held last year and recognised by the Japanese Embassy of Monaco and the Monegasque Government as a “Project to Commemorate 10 Years of Japan-Monaco Friendship”.

In addition to this year’s Tea Party, a drawing competition and Japanese sake tasting also took place. The Tea Party was held in the Japanese Garden, where guests were served “Suzuka Matcha”, which has been offered to Monaco’s Princely family, along with sweets. Around 200 guests attended the Tea Party including the Mayor of Monaco, Monaco’s ambassador to Japan, the Director of the Monaco Tourism Board, and other VIPs.

The drawing competition featured a total of 150 drawings by Japanese children on the theme of “Future Travel”. The judging was done during the Tea Party by the guests.

The Japanese sake tasting event was held over two days at the Condamine Market Hall in Monaco where many guests, including the Mayor, tasted three carefully selected Japanese sakes. There are plans to make Monaco Japan Week an annual event from next year.


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Monaco Air League reports successes, Prince to become Principal Patron

Photo: Monaco Air League
Photo: Monaco Air League

Christopher Foyle, President of the Monaco Air League, has reported a very successful and busy few months for students and members, with several young grant recipients undergoing flight training in both powered aircraft and gliders.

“We have had the busiest year ever, so far, in respect of awarding the largest number of scholarships and prizes to the young people of Monaco, and their participating in a diverse array of aviation activities,” Mr Foyle told Monaco Life.

Several leading members, including Patron Sir Stelios Haji-Ioannou and Roger Shine, Chairperson of the Strategic Committee of the Friends of the CHPG Foundation, have been particularly supportive and generous.

One of the highlights of the past few months is that HSH Prince Albert has agreed to be Principal Patron of the Monaco Air League. “We are enormously grateful to have His Serene Highness as our most interested and supportive Principal Patron, bearing in mind how unbelievably busy he is with his government duties and many other charities,” Mr Foyle commented. “His patronage has greatly raised our profile and is helping to propel us forwards at a faster rate.”

The Monaco Air League continues to support Clemens Toussaint in his bid to bring aviation to Monaco. Clemens has renamed Villanova-Albenga Airport in Italy as Riviera Airport.

 Riviera Airport is now attracting a growing demand from private jet operators, with a increasing number of hangar clients, and has just signed an MOU with one of the major global players in private jet management to become their main European base.

This winter, the airport will start work to extend the 1,500-metre runway by 200 metres, which together with its existing high maximum take-off weight limit of 60 tonnes – double that of Cannes-Mandelieu – will enable it to accommodate the largest private jets arriving from anywhere in the world – even the Boeing BBJ and Airbus equivalent, Mr Foyle said.

The League is still looking at the possibility of an air display over the sea in front of the Principality, as well many other ideas and events.


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A Monaco Life Yacht Show Series 2017: Serena Hawkins

Serena Hawkins Yacht Club Photo: Kaidi Photography
Serena Hawkins Yacht Club Photo: Kaidi Photography

Q&A with Serena Hawkins, Commercial Director VIP Market, Avinco

ML: Tell us a little about yourself and how you ended up in Monaco in 2012?
SH: Monaco is undeniably an ideal base if you work in the luxury market, which both my husband and I happen to do. The weather is also significantly better than back home in the UK, though I do travel back and forth regularly for my job.

ML: You are currently Commercial Director VIP Market at Avinco Helicopters. Tell us about the company and also the competitiveness of the helicopter market.
SH: Avinco is one of the largest helicopter sales specialist and has been based in Monaco since 2008, although it also has offices in New York, Dublin and Singapore, and a fully international team of experts to advise its customers worldwide.

As commercial Director at Avinco Private, I take care of the purchase and sales of corporate and VIP aircraft – primarily helicopters.

This is a very competitive market on a global scale, but with the backing and reputation of Avinco and our worldwide network it has proven a strong segment for us.

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ML: Who is Avinco’s market?
SH: Avinco caters for all types of customers, a large portion of which are in the commercial and public markets, which include emergency services, offshore Oil & Gas operations, utility operations, aerial filming, firefighting, police.. and of course, corporate and VIP owners.

ML: Why would someone choose to buy a pre-owned aircraft versus new?
SH: There are significant advantages to buying pre-owned aircraft. First and foremost, buyers avoid lengthy lead-times from manufacturers, which can take up to several years. There is also clear added value for money spent in purchasing a pre-owned aircraft. The aircraft can also be customised to the new owner’s tastes and requirements.

Avinco can also act as a consultant and assist with buying a new aircraft by establishing an ownership strategy and selecting the aircraft best suited to each customer’s needs and negotiating the best possible deal on the buyer’s behalf.

ML: On the aviation side, what is the profile of a client who would benefit from owning an aircraft instead of chartering?
SH: A typical client profile for us would be a business executive whose time is limited and may need to attend important meetings at the drop of a hat. Having your own helicopter on call gives you this flexibility and spontaneity, and enables you, as an owner, to use your time efficiently.

Serena Hawkins
Serena Hawkins

ML: Does Avinco provide helicopters suitable for yachts? It can’t be as simple, as not any helicopter can fly to any yacht so what should you take into consideration?
SH: Yes we do, and you are correct, there are many criteria for us to consider with our customers before proposing a suitable helicopter for their yacht. Size and weight are obviously critical on a yacht. The flight range is important depending on the distance one might want to travel to and from the boat. And, last but not least, equipment requirements, storage and passenger capacity may vary greatly from one owner to the next depending on their lifestyle.

ML: What role does Avinco play in the Monaco Yacht Show?
SH: This is an ideal opportunity to catch up with people we work with in the luxury industry, such as yachting specialists and shipyards with whom we collaborate during the yacht purchase and design process. Many of our VIP clients attend the Monaco Yacht Show. Some will pick this time to discuss their intention to sell and replace their helicopter. We are routinely involved in both the sale and acquisition process for our customers.

We were actually meant to have an AW109 on show on a yacht but as it happens we are in the process of finalising its sale!

ML: You have worked within the luxury market for a number of years. What is the key to customer service?
SH: The key to keeping our customers happy is to listen to what they want to buy, how they intend to use their aircraft, get to know their lifestyle and sell them the aircraft they need.

I always tell my customers there are five golden rules when buying a helicopter:
1.  Identify your usage – lifestyle, frequency, passengers, destinations.
2.  Don’t be geographically limited in your search. Thanks to our network we can find the   right helicopter anywhere in the world and assist in all aspects of its delivery.
3.  Be open-minded about your choice of aircraft model. Experts like Avinco can introduce you to a large scope of helicopters across all makes, and objectively advise you in your selection according to your requirements.
4.  Always take on highly qualified experts to carry out technical inspections on your behalf.
5.  Call Avinco, of course.

ML: What makes Monaco a strategic location for luxury marketing?
SH: Though Monaco is renowned for its high-profile residents and visitors, we do not limit our focus to the Principality. We have customers across the world through our various offices, and attend strategic high-end events worldwide.

ML: For those who have never been in a helicopter, what is something we’d be surprised to learn about taking a ride on board?
SH: People who have flown in small airplanes often remark on how much more stable and smooth a helicopter ride feels. I personally love how much more visibility I have of the scenic views, particularly when I fly along the Riviera coastline.Avino helicopter

Article first published September 29, 2017.


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