Gérald Mathieu takes up new position

Barclays announced on Tuesday that it has appointed Gérald Mathieu as Head of Private Bank Europe, Monaco and Switzerland, with immediate effect.
Gérald Mathieu joined Barclays in 2010 and previously led the Barclays Private Bank team in Monaco before becoming CEO of Barclays Bank Switzerland.
In his role of Head of Private Bank Europe, Monaco and Switzerland, Mr Mathieu will retain his existing responsibilities as CEO of Barclays Bank Switzerland and work closely with senior leadership across Europe on extending Barclays Private Bank’s reach and capabilities in the region. Before joining Barclays, Mr Mathieu was Head of Private Banking at UBS for the Paris region. He has also held senior roles as Head of Sales at Merrill Lynch and Private/Corporate Clients Director at BNP Paribas.
Gérald Mathieu’s appointment follows the announcement earlier in August that Jean-Christophe Gerard has been appointed CEO of Barclays Private Bank.
“Gérald has deep and credible experience in the industry, underpinned by a strong affinity to our European and international client base, making him well placed to lead Barclays Private Bank in Europe,” said Jean-Christophe Gerard. “I look forward to working with Gérald as we drive the private bank forward in its next phase of growth in Europe.”
Gérald Mathieu added: “I look forward to leading Barclays Private Bank in Europe where it is well positioned for growth as we continue to explore and extend our reach in the region. The pandemic has accelerated clients’ needs and expectations, highlighting the importance of being partnered with a quality private bank able to provide tailored solutions and specialised services across international booking platforms.”
 

Sportel Monaco postponed, Awards to go ahead in October

As travel restrictions force a cascade of trade fair cancellations across the globe, the organisers of Sportel Monaco have managed to postpone the event by only four months and push ahead with the October Awards.
The international trade fair, which specialises in media rights, sports content and technologies, was due to be held in the Principality from 26th to 28th October 2020 and will now be held from 22nd to 24th February 2021 at the Grimaldi Forum Monaco.
The news comes as many countries, particularly in Europe, tighten restrictions and impose new rules on travellers coming to and from France. Some large international companies have also imposed a travel ban on all their employees until the end of the year.
“Giving up is not part of my vocabulary, but given the travel restrictions it is impossible to maintain our event in October,” said Deputy Vice-President Laurent Puons. “The easy way out would have been to cancel the event altogether, but the economics of sports business cannot be put on hold for too long. Convinced that this economy will fully regain its rights in the coming months, we owe it to ourselves to be there when the time comes.”
According to organiser Monaco Mediax, it was difficult to find new dates for Sportel Monaco in the face of a 2021 calendar already saturated with trade fairs and conventions.
Nonetheless, the event will take place at the Grimaldi Forum Monaco, in its classic format, offering even more varied services to facilitate discussions.
“The concept of a 100% digital or hybrid event is not suited to our event, which above all promotes exchanges and networking,” said Laurent Puons. “Sportel is the largest meeting platform for all players in international sport business.”
The organiser is therefore opting for “solid and transparent communication plans in order to reassure participants and exhibitors, and maintain their confidence to welcome them in 2021.”
While the Sportel Monaco trade fair will be postponed, the Sportel Awards will go ahead as planned from 26th to 28th October 2020 at the Grimaldi Forum.
Placed under the Honorary Presidency of HSH Prince Albert II, Sportel Awards recognises the best sporting achievements of the year at a prestigious ceremony open to the public and in the presence of many great sporting champions. Sportel Awards also includes a program of events dedicated to the public, where fans can meet their favourite sporting heroes.
The full Sportel Awards program will be unveiled in the coming weeks.
Photo: 2019 Sportel Awards, courtesy Sportel Monaco
 
 

Foundations unite to fight plastic pollution

The Prince Albert II of Monaco Foundation and the Princess Charlene Foundation have joined forces to raise awareness about the dangers of plastic pollution.

As part of the Prince’s Foundation’s ongoing mission to raise awareness of the challenges of preserving the marine environment, they approached the Princess Charlene Foundation to jointly carry out to a morning of awareness events prior to the Water Bike Challenge on Saturday 12th September, organised by the Princesse’s Foundation.

Participants in both Monaco and the port of Calvi on the island of Corsica took time out to collect masses of garbage that had settled in or near the sea. The Animal Fund, the Monegasque Association for the Protection of Nature, Eco Angels, Stars’N’Bars, the Monegasque Sanitation Company (SMA), divers of the Underwater Explorations Club of Monaco, the Corps des Sapeurs-Pompiers de Monaco, the Compagnie des Carabiniers du Prince and the Oceanographic Institute all took part in the event on the Monaco side together with the Foundation and were able to collect and characterise the found waste.

Mare Vivu SAS © Eric Mathon Palais Princier

The top three culprits found on land were cigarette butts – of which there were nearly 1,400, food packaging and various pieces of plastic waste. Under the sea, it was an entirely different matter. There, some 70 bottles, 100 pieces of glass, 120 pieces of scrap metal, nylon fishing line and a scooter were fished out. 

In Calvi, the Corscian Association Mare Vivu, in conjunction with the BeMed initiative, carried out an awareness campaign that included a workshop aimed at encouraging young people to make works of art from collected and disinfected plastic waste.

A more technical workshop was also held which gave Prince Albert II a chance to see an experiment by Mare Vivu involving the local recycling of plastics collected on the beaches.

Plastic pollution is one of the most serious environmental problems affecting our seas today. Every minute, the equivalent of a garbage truck is dumped into the water, threatening both marine life and our health. The Mediterranean is particularly vulnerable as it is semi-closed and supports heavy maritime traffic, further amplifying the threats to it. Both the Prince and Princess’s foundations are active in their support of environmental programmes aimed at protecting the sea.

 

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Top photo: © Eric Mathon Palais Princier

Sustainable development investment to take centre stage

Organisers of the 4th global CC Forum, whose aim is to gather investors interested in “making the world a better place”, say the event is going ahead as planned later this month at the Fairmont Hotel in Monaco.

Under the patronage of Prince Albert II, the CC Forum will take place on the 24th and 25th September with a theme of ‘Investment in sustainable development’.  The event is a global platform that will highlight the “urgent need for humanity to come up with consistent solutions if we want to preserve our planet as we know it today.”

The forum is assembling impact investors, philanthropists, policy makers, and high-profile individuals to discuss topics pertinent to the environmental sectors of the world’s economies. On the agenda, presenters will speak out on renewable energy, climate change, healthcare, philanthropy, emerging technologies and government strategies. It will also feature the ‘Sustainability tycoon investors session’, which will put money people together with ideas people to make things happen.

High-flyers such as Deborah Montaperto, Managing Director at Morgan Stanley PWM, environmental author and campaigner Stanley Johnson and EU Commissioner for Environment, Oceans and Fisheries Viginijus Sinkevicius are all on the agenda to attend.

The grand finale of the forum is the Investors gala dinner and awards giving ceremony on Friday 25th. World-famous Spanish opera singer, conductor and arts administrator Placido Domingo is scheduled to perform, making the evening very special indeed.

 
 

 

All-female team leads Cabinet

The Cabinet of President Stéphane Valeri is now composed of a completely female team for the first time in National Council history.
Earlier this month, the National Council underwent several internal promotions. Sébastien Siccardi, former member of the president’s Cabinet, was given the duty of Secretary General of the Assembly, following the appointment of Philippe Mouly as Secretary General of the Judicial Services Department.
Stepping into his position as Legal Affairs Officer in the Cabinet is Camille Quilico-Borgia, former Head of Division at the National Council.
The restructure means that, for the first time in National Council history, the Cabinet is now an exclusively female team.
Virginie Cotta is Chief of Staff, while Elodie Kheng is in charge of Economic and Financial Affairs, Maryse Battaglia takes care of Social Affairs, Karine Marquet is in charge of International Affairs and Camille Quilico-Borgia steps in for Legal Affairs.
The various appointments took effect on 1st September 2020.
 
 

Prince: Digital is the turning point in Monaco’s history

The Prince’s government is investing a further €15 million into Monaco’s Digital Transition, which includes everything from the country’s own Sovereign Cloud to digital IDs for citizens.
Digital technology formed a major part of the government’s economic recovery plan announced last week, but what exactly will the millions be used for and why is it so important for Monaco?
“Digital technology has become a strategic issue for all countries,” said Prince Albert as his government detailed the digital aspect of its €75 million recovery plan, implemented through the Extended Monaco program.
“The crisis has revealed glaring disparities: the most severely affected economies are those which have not been able to put in place the means and tools necessary to maintain solid relations between the State and its citizens…,” explained Prince Albert. “Today, more than ever, digital technology has become a strategic and critical issue for each country. This is why I am keen to expand its use within the Principality by allocating €15 million and helping my country to write a new page and become a model country in terms of digital technology.”
As announced in November 2019, Monaco will be the first European country to equip itself with its own Sovereign Cloud – the ‘Monaco Cloud’ – by 2021, a secure digital infrastructure that will support the Principality’s push to become modernised and at the cutting edge of new technologies.
Meanwhile, Monaco’s digital plan is being implemented by Extended Monaco, a 200-strong team led by Frédéric Genta.
“One year after the official launch of Extended Monaco, we are proud of the trust placed in us by H.S.H Prince Albert II,” said Interministerial Delegate in charge of the Principality’s Digital Transition Frédéric Genta. “This confidence stems from the convincing results that the Extended Monaco program has experienced during its first year of existence. The digital budget is proportionally one of the highest in Europe: nearly €400 per inhabitant. This is what will help us to equip our companies to be more competitive, to develop new investments, and finally to allow our citizens to be better trained and more equal in the face of digital technology.”
As detailed by the government, the digital part of Monaco’s economic recovery plan revolves around the following three axes:
1. Building a digital ecosystem that meets the highest standards, particularly in terms of accessibility to major international platforms.
By launching the Monaco Cloud in 2021, based on Amazon AWS technology, the Principality will be acquiring its own secure infrastructure. It means that data will be stored in the Principality, under Monegasque law and with a level of security validated and monitored by the Monegasque Digital Security Agency. The cloud will also meet environmental objectives. This Monaco Cloud will be operated as a new SAM, with 100% Monegasque shareholders, including the State as majority shareholder and Monaco Digital as industrial shareholder.
2. Training and supporting Monegasque companies and employees in their digital transformation through the Blue Fund.
The Blue Fund is dedicated to accelerating the transformation of the Monegasque economy and was initially endowed with €20 million. It will be implemented in January 2021 and will be jointly governed by the Department of Finance and the Economy and the Interministerial Delegation in charge of the Digital Transition. It will involve the financing of training, equipment and support for Monegasque companies; the development of local platforms such as e-commerce and payment systems; and finally, the creation of efficient and secure services on the Sovereign Cloud such as video conferencing.
3. Creating a digital economy in the Principality to forge new relationships with European investors on sustainable subjects.
Through its new STO (Security Token Offering) platform – a blockchain fundraising system – and in partnership with Euronext, the main stock exchange in the euro zone, the government aims to attract new companies, particularly digital, to Monaco to create around a hundred jobs every year and inject €150 million into the local economy.

From left to right: Isabelle Bonnal, Director of National Education, Youth and Sports; Pierre Dartout, Minister of State; HSH Prince Albert II; Frédéric Genta, Interministerial Delegate in charge of the Digital Transition; Jean Castellini, Minister of Finance and the Economy; Françoise Gamerdinger, Director of Cultural Affairs. © Communication Department – Manuel Vitali

Continuing on the digital path
The government also aims to continue to offer residents quality public services in the event of new social distancing or confinement measures, building on those established from the last lockdown. Focus will continue to be on:
Education, digitally enriching the teaching and learning of students:
Through the “digital college” project, the government will distribute 1,200 laptops to individual college students from November 2020. Meanwhile, the entire WI-FI infrastructure and computer network has been strengthened to support the new uses.
Making administration easier to access, available and responsive:
From summer 2021, each citizen will have a digital identity associated with their new ID or residency card. It will form the basis of the digital relationship between the Administration and the citizen and allow authentication that is both highly secure and simple, without the need for additional supporting documents.
And finally, all the administrative procedures that can be carried out online will be accessible via a single site in 2021.
 
Top photo © Communication Department – Manuel Vitali
 
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