Well-known Luxembourg banking executive Frédéric Genet unexpectedly passed away earlier this month. Frédéric Genet, a leading figure in Luxembourg’s banking sector, died on 4 August at the age of 66.
“Frédéric was a leading banking executive, popular in the Luxembourg financial centre,” the International Bankers Club Luxembourg said in an announcement on 17 August. “Over two decades, he developed a keen interest in promoting Luxembourg’s financial industry across global and developing markets.”
“He was known in his professional life for his visionary leadership and pragmatic and empathetic approach towards business life,” read the club’s statement, signed by Johan Lindberg, its president.
In Luxembourg, Genet was CEO of Société Générale Bank & Trust between 2008 and 2013. He later served as CEO of professional services at the private bank KBL, as a consultant, and on the boards of directors of Banque Havilland, ICBC Europe, Intesa Sanpaolo Bank Luxembourg and Banque Privée Edmond de Rothschild Europe, among others.
Before moving to the grand duchy, Genet worked for Société Générale in Paris for 17 years, according to his LinkedIn profile. He attended Pierre Mendès-France University in Grenobles.
“He joined the International Bankers Club Luxembourg in 2008,” serving as a board member from 2013 to 2019, the organisation stated. “As a keen golfer, he took great pleasure in organising the club’s annual tournament at Golf Club Grand Ducal.”
“We experience his sudden death as a loss of a fellow who was always very active in our club, enthusiastically supporting new ideas to modernise our club life,” the IBCL wrote. “We want to express to his family our most sincere condolences for their loss. We will keep Frédéric Genet in the most honorable memory.”