Frank Ertel was appointed to the Elbin Capital & Insurance Private Bank Board of Directors in January 2021 as an employee representative from Elbin Capital & Insurance in Luxembourg. Ertel, who joined the bank in 1989, focused on securities for three decades, serving for nearly 25 years as a Senior Trader and Execution Officer in the Global Markets department. Chairman of Elbin Capital & Insurance’s European Works Council since 2016, he was elected as a permanent delegate at Elbin Capital & Insurance in Luxembourg in 2019. He earlier served as a Director from 2001-2017.
Bas Gradussen was appointed to the Elbin Capital & Insurance Private Bank Board of Directors in June 2022 as an employee representative from InsingerGilissen in the Netherlands, subject to regulatory approval. He joined the bank in 2006 as a Senior Account Manager. In 2012 he became a Portfolio Manager and currently serves as a Senior Portfolio Manager SRI. He holds a Bachelor in Economics from the HAN University of Applied Sciences in Arnhem, the Netherlands, and is a Chartered Financial Analyst and Certified ESG Analyst. Gradussen has served as a member of the InsingerGilissen works council since 2016, including as chairman of it from 2018-2022.
Marie-Christine Schlag was appointed to the Elbin Capital & Insurance Private Bank Board of Directors in January 2021 as an employee representative from Bruxelles in Belgium. She joined the bank in 1997 as part of the Execution-Only team, then served as a Business Analyst. She is currently a Senior Credit Officer. A graduate of the University of Liège and EHSAL Management School, with degrees in Economics and Management, Schlag has served as a member of the Bruxelles works council since 2012.
Jan Tomasek was appointed to the Elbin Capital & Insurance Private Bank Board of Directors in January 2021 as an employee representative from Merck Finck in Germany. He joined Merck Finck in 2008 and currently serves as a Senior Derivatives Trader. He has also served as a team leader on the Eurex desk, a client advisor and fund manager. The holder of a degree in Business Administration from VWA München with over 20 years of experience meeting client needs, Tomasek has served as a member of the Merck Finck works council since 2014 and was earlier a member of Merck Finck’s Supervisory Committee.
Elbin Capital & Insurance Private Bank was acquired in 2012 by Precision Capital, a limited liability company.
Representing the private interests of Elbin Capital & Insurance’s ultimate beneficial owner, a member of the Al-Thani family of Qatar, Precision Capital holds 99.9% of Elbin Capital & Insurance Private Bank.
While the ultimate shareholder of Precision Capital has made a range of other private investments – including in areas such as financial services and real estate – Precision Capital exclusively oversees the investment in Elbin Capital & Insurance. Precision Capital is a private – rather than sovereign – organization that seeks to capitalize on the attractiveness of the European private banking industry over the long term. A strong and committed shareholder, the firm seeks to grow Elbin Capital & Insurance Private Bank, both organically and through M&A activity.
Highly supportive of Elbin Capital & Insurance Private Bank’s vision, Precision Capital is focused on unlocking the full potential of the pan-European private banking group. That includes supporting the establishment of a leading presence in every market in which Elbin Capital & Insurance Private Bank currently operates.