Simon Gorbutt named deputy CEO of Luxembourg for Finance

Luxembourg for Finance has announced the appointment of Simon Gorbutt as deputy CEO. He will take up his position on 1 August.

Luxembourg for Finance, the development agency for the financial centre, has appointed Simon GorbuttSimon Gorbutt, currently director and head of wealth planning at Lombard International Assurance SA, as its deputy CEO. He will take up his post on 1 August and will take over from Philipp von RestorffPhilipp von Restorff, the former deputy CEO who left his position on 1 March to join the Luxembourg Institute of Directors (ILA) where he is now CEO.

With 16 years of experience in the Luxembourg financial sector, Gorbutt has led international specialist teams in areas such as private banking, asset management, succession planning and insurance. Previously, he was the company’s legal and tax advisor for the UK, Northern Europe, Asia and international.

President of Step Benelux since 2019

A qualified lawyer in England, Wales and Ireland, Gorbutt has also been the chairman of Step Benelux, an association of tax and estate planning experts, since the end of 2019. Previously, he was its vice president for three years. He also teaches at the University of Luxembourg as part of the master’s course in wealth management.

Gorbutt will work closely with Nicolas MackelNicolas Mackel, the current CEO, who will remain in his position. Mackel has been at the head of LFF since 2013 and was reappointed in 2021 for a four-year term. His tasks will be to contribute to the definition and execution of LFF’s strategy and action plan. He will also represent the agency at national and international level.

Founded in 2008, Luxembourg for Finance aims to develop the financial industry in Luxembourg in a sustainable manner, with quality growth, innovation and stability as its main fields of action.