Olivier De Givenchy, JP Morgan Private Bank UK

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Born in France with a name instantly evocative of the perfume and fashion business established by his father and uncle, Olivier de Givenchy is well placed to understand the needs of UHNW individuals and family business owners throughout Europe.

Born in France with a name instantly evocative of the perfume and fashion business established by his father and uncle, Olivier de Givenchy is well placed to understand the needs of UHNW individuals and family business owners throughout Europe.

After taking over the JP Morgan London office in 2002, one of his first moves was to launch the innovative JP Morgan Family Business Honours programme, now imitated by a rival bank. Having smoothed over some problems inherited from the merger between JP Morgan and Fleming’s, de Givenchy is now actively growing his team with new hirings that include Oxford-educated man-about-town Freddie Windsor, who joins such senior members as former Royal Marine officer Richard Madeley, Malcolm Glaister and Chris Hancock.

As banker to some the world’s richest families, de Givenchy sometimes feels more like a shrink than a financial advisor. ‘My job is about understanding what people want to do with their money, what their needs are and what are the dynamics of their family – which will keep changing. It is more like being a psychiatrist but it is important to identify the client’s issues and ultimate goals. The advice is often just common sense’.

De Givenchy surprised his family in 1985 by embarking on a banking career with Citibank in New York. Four years later he switched to Banker’s Trust. Being responsible for their European private banking business, he saw a career path opening ahead of him at a time when there was little interest in this sector.

He joined JP Morgan in New York in 1993, and was soon looking after all their clients in France and Italy. ‘My area of influence is in dealing with the business world’s smartest and most creative people and helping them make decisions for themselves and future generations. I advise clients by drawing on my experiences with other client families.’

Olivier admits to having found his niche and he intends to stay in it, but that won’t stop him doing other things. He is Chairman of Children in Crisis and on the board of San Patrignano, the Italian drug rehabilitation centre. Other artistic and philanthropic interests involve the White Oaks Dance Project, founded by his mentor Howard Gilman and dancer Mikhail Baryshnikov. Creativity runs in the family. His twin brother James de Givenchy, who trained as a painter and sculptor, is a celebrated French jewellery designer who works under their mother’s maiden name Taffin.

A divorced father of two, and always immaculately dressed, Olivier’s outside interests include tennis, cooking, and fly-fishing in the Bahamas where he has a home in Harbour Island and is considering setting up a contemporary designer glass industry.