The Zurich-based role is a newly-created one and will focus on individuals with assets in excess of CHF25m and family offices.
Petrachi was previously co-head of international UHNW, for the private bank, prior to which senior adviser and later deputy head for UHNWs for UBS, based in Zurich.
He has also held the role of head of equity derivative sales for Lehman Brothers, in Zurich, and held similar positions at Goldman Sachs in London and Zurich.
Thomas Pixner, head of private clients for Rothschild Bank Switzerland,said: “We have considerable demand for specialised services for ultra-high-net-worth individuals and family offices.
I am convinced that Riccardo Petrachi, with his wealth of experience and expertise in advising and serving family offices, will succeed in developing this strategically important business for Rothschild. In so doing, he and his new team will also be able to profit from the close ties with Rothschild Global Financial Advisory and Rothschild Trust.”
