BFSB CEO Tanya McCartney announced today that Mr. Yves Lourdin has been selected for the 2016 Lifetime Achievement Award in Financial Services. The Award will be presented at BFSB’s annual FSI Excellence Awards Gala Dinner on November 18th, 2016 at the Melia Cable Beach Resort. BFSB introduced the prestigious award in 2007 to recognise individuals who have reached the pinnacle of their career within the financial services industry and who have made an outstanding contribution over a sustained period. Since that time, 5 others have been recognised with the Lifetime Achievement Award.

Yves Lourdin spent his formative years in Geneva, Switzerland, where he obtained a Certificat Fédéral de Capacité. In 1972 he completed military school, and later became an officer in the Swiss Army in 1975. Yves then returned to Pictet & Cie., the renowned Swiss bank, where he worked as an Assistant Trader in the Equity Market.

He arrived in The Bahamas from Geneva in 1978 as a twenty-five-year-old on a very unique mission from Pictet & Cie., which was then nearly two hundred years old. He had been sent to be one of a few pioneers who would establish the first bank of the Pictet group outside of Europe. He worked as an Assistant to the Manager and in 1982, four short years after his arrival in Nassau, he became the President and, sometime later, the Managing Director of Pictet Bank & Trust Limited. These positions he made uniquely his own and held with distinction until his retirement in December 2015. Additionally, from 1985 until 2012, he was the President and Managing Director of Pictet Overseas Trust Corporation Limited, a wholly-owned subsidiary of Pictet Bank & Trust Limited. He then became a Limited Partner of the Pictet Group, a position he also held until his retirement. As of 1st January, 2016 he became the Chairman of the Board of Directors of Pictet Bank & Trust Limited.

Under his visionary leadership, Pictet Bank & Trust Limited grew from a staff of four, operating from modest and cramped premises at the downtown Charlotte House, to a staff of more than ninety, in spacious, state-of-the-art offices situated at Bayside Executive Park, West Bay Street and Blake Road. It was upon Mr. Lourdin’s encouragement that the Partners of Pictet and Company, Geneva, agreed to invest more than $20,000,000.00 to construct the new office building and develop Bayside Executive Park, one of New Providence’s premier office complexes, in partnership with Teekay Shipping. Mr. Lourdin has made an invaluable personal investment in the financial services sector over thirty-eight years and is highly respected among his peers.