Double international distinction for Bank One Private Banking & Wealth Management

July 15, 2020

Bank One Private Banking & Wealth Management won the titles of “Best Private Bank – South Africa” and “Best Product Innovation” for its very first participation at the Global Private Banking Innovation Awards (GBP Awards) 2020 organised by The Digital Banker.


“Being the only Private Bank in Mauritius offering an Open Architecture Wealth Management product combined with a real-time digital access and custody solution, Bank One is a true paragon of private banking innovation”.

The Digital Banker Judging Panel

Nirav Patel, Managing Director of The Digital Banker adds “Bank One’s strong innovative culture is a key differentiator for them in the market. Through its 100% Open Architecture platform and Live Custody Software, its customers can grow, manage and preserve their wealth optimally. By combining in-house knowledge and expertise with the best investment opportunities from asset managers globally, Bank One’s clients enjoy greater freedom, greater choice, and greater value”.

Indeed, since 2017, the private bank has been recognised for the quality of its services, its innovative approach and its expertise on an international scale. Guillaume Passebecq, Head of Private Banking & Wealth Management, says: “We are proud to be recognised as Best Private Bank – South Africa and honoured to be awarded for Best Product Innovation by The Digital Banker. Both these awards celebrate the excellent work of our teams but also that of our external asset managers and partners. I believe that in these challenging times, the open architecture model has proven to be more resilient through better diversification of investment holdings. We shall continue to provide our private investors, institutions, external Asset Managers and family offices with tailor-made products and services to meet their financial needs”.

Bank One Private Banking & Wealth Management in a few words:
1. Open architecture: Bank One offers a securities platform that allows local and international investment in all asset classes, equities, bonds, investment funds and structured products. Clients can also delegate the management of their portfolios through a selection of independent FSC-regulated managers.

2. Security first: To offer greater peace of mind, the securities settlements are guaranteed by Euroclear, rated AA+ by Fitch Ratings and AA by Standard & Poor’s. All securities are kept off the Bank’s balance sheet.

3. Investor’s Circle: Bank One Private Banking & Wealth Management’s flagship event since 2017, is a bi-annual forum that brings together private investors, institutions, asset managers and partners. As the island’s leading B2B and B2C platform for wealth management professionals and private clients, it enables industry players to connect and exchange views on topics related to asset and portfolio management. This platform was virtualized this year in the wake of the COVID-19 pandemic. The videos are accessible on the Bank One Private Banking & Wealth Management website.