GENEVA – 2nd July 2024 - MKS PAMP, a precious metal market leader providing financial and physical trading services and operating a state-of-the-art precious metals refinery and mint, is pleased to announce the appointment of James Emmett as Chief Executive Officer effective 1st January 2025, taking over from Marwan Shakarchi, who will assume the CEO role of MKS PAMP GROUP.

Mr. Emmett is a distinguished leader in the financial services sector with nearly 30 years of extensive experience, bringing a wealth of global expertise in business, strategy, technology, and operations to his new role.

During his illustrious career, Mr. Emmett held several senior positions, including Chief Executive of HSBC Bank plc and Europe, where he oversaw HSBC’s UK Wholesale Bank and operations across Continental Europe, Sub-Saharan Africa, and Bermuda. His extensive background also includes serving as Chief Operating Officer of HSBC Bank plc, CEO of Turkey, Global Head of Trade and Receivables Finance, Regional President for Metro New York Retail and Small Business Banking, and senior roles in Strategy and Business Management.

Following his tenure at HSBC, Mr. Emmett further honed his leadership skills as CEO & Managing Director of the Diem (Libra) payment network’s operating company in Switzerland, and most recently as COO of the UK Infrastructure Bank, where he helped manage £22bn of infrastructure finance to address climate change and promote regional and local economic growth in the UK.

Since 2022, James has served as a non-executive member of the MKS PAMP Board of Directors which allowed him to gain an acute understanding of MKS PAMP, and its industry.

Karma Shakarchi Liess, Chairwoman of MKS PAMP, expressed her confidence in James's leadership: “We are thrilled to have James Emmett join us as the CEO of MKS PAMP. His remarkable track record in financial services and deep understanding of technology and operations make him the perfect fit for our company. The board and family fully support James and are excited about the direction he will take us. We share a commitment to excellence, integrity, and innovation, values that are at the heart of MKS PAMP’s success.”

James Emmett said: “We have a remarkable opportunity to build upon the established family heritage that is MKS PAMP. As we enter a new phase, I am honored to be taking over the role of CEO of MKS PAMP, and I look forward to collaborating with my future colleagues to drive sustainable growth and deliver exceptional value to our clients and stakeholders."

Additionally, the board extends its heartfelt thanks and appreciation to Marwan Shakarchi for his exemplary leadership and relentless commitment to position MKS PAMP at the forefront of its industry. Marwan began his tenure in 1983, and through his visionary leadership alongside Karma Shakarchi Liess, he has transformed MKS PAMP from a small organization into a successful global leader in the precious metals trading manufacturing and refining space. Marwan’s contributions have been instrumental to MKS PAMP growth and success, and with his new role of CEO of MKS PAMP GROUP he will continue to make significant impacts in shaping the group’s global strategy.

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Notes to editors:
For further enquiries, please contact e: info@mkspamp.com / t: +41 22 818 52 00

About MKS PAMP
MKS PAMP is a precious metal market leader providing financial and physical trading services and operating a state-of-the-art precious metals refinery. With a global footprint and over 60 years of experience in the precious metals industry, MKS PAMP – part of the MKS PAMP GROUP – is dedicated to creating a sustainable future with precious metals products and services. The company offers the world’s most extensive range of durable, innovative, and responsibly sourced precious metal products and services. The company builds on leading artisan savoir-faire and Swiss engineering to manufacture a wide range of products in all four precious metals and in various forms, and provides precious metals services such as trading, refining, vaulting and storage, treasury, and mine financing.
Still managed by the founding family, MKS PAMP is an advocate for long-term thinking, responsible sourcing, sustainability, and ethics, working closely with its stakeholders to set the highest codes of conduct in the industry. MKS PAMP developed Provenance, a traceability solution that utilizes blockchain to trace precious metals along the supply chain and guarantee responsible sourcing globally. MKS PAMP aims to create value by leveraging its technical expertise, innovations, and global infrastructure to be an indispensable global partner and the most sustainable organization in the precious metals industry.

About MKS PAMP GROUP

The MKS PAMP GROUP is an industrial and trading services group specializing in all aspects of the precious metals business. This family company was established over 60 years ago and is now an innovative global business serving precious metals producers, users and traders worldwide.
This leading integrated precious metal group comprises five major brands: MKS PAMP, MMTC-PAMP, MTB, APMEX and GOLD AVENUE employing over 1300 people. The group has a local presence in key precious metal markets, through 2 refineries and mints and 17 offices.
The group also prides itself on its excellence in corporate and social responsibility, its leading role in developing an ethical and transparent value chain and constant innovation in its products and services.