Our Mission

Our mission is to serve our private & institutional clients in the capacity of an informed and dependable agent in global markets, shunning proprietary risk and upholding the responsible money management guidelines that have enabled our growth since inception.

Founded and led by investment specialists, Capital Union Bank above all values the importance of sourcing highly sophisticated, tailor-made solutions designed to meet the particular needs of each investor.

The Bahamas

The Commonwealth of The Bahamas is an archipelago consisting of roughly 700 islands scattered over an area of 100’000 square miles. The capital city is Nassau, situated on the island of New Providence. The Bahamas has been independent since 1973 and is a member of the United Nations.

The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and private banking. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences has led to solid GDP growth for many years. Financial services constitute the second most important sector of the Bahamian economy, accounting for about 15% of GDP.

The Bahamas has been involved in providing banking & trust services to the international financial community since the 1930s. The combination of a common law legal environment and an efficient tax system makes the Bahamas a well-suited domicile for trusts, foundations, and life insurance policies.

The current asset base of the banking industry in the Bahamas is close to $450 billion, reflecting the unique success of this jurisdiction over the past 25 years.


Lawrence D. Howell

Chairman of the Board

Lawrence D. Howell (“Lonnie”) is Chairman at Capital Union Bank.

Lonnie co-founded UCAP Group in 2011. He is also the co-founder of EFG International and served as its Chief Executive Officer until June 28, 2011. Prior to EFG, he served as Head of Americas at Coutts & Co. International Private Banking from 1989 to 1995.

Before this, Lonnie held a number of senior management positions at Citibank, Coutts and McKinsey during the 80s and started his career in 1978 at Citibank . Lonnie holds a BA and JD from the University of Virginia.

Clément Ducasse

Co-Founder & Director

Clement Ducasse is Director at Capital Union Bank that he co-founded in 2013. He also co-founded UCAP Group in 2011.

Prior to that, Clément co-founded Union Capital Group SA in 2006, a highly successful financial advisory boutique based in Geneva specializing in derivatives & structured solutions.

Clement started his career at HSBC as a derivatives and structured products specialist and holds a bachelor in Business Administration from ESSEC Business School in Paris.

Patrick Zbinden

Chief Executive Officer

Patrick Zbinden joined Union Capital Group in September 2021 as CEO of Capital Union Bank Ltd as well as Global COO and Managing Partner of UCAP Group.

Prior to joining UCAP, Patrick was the Global Co-Head of EFG Asset Management, which he co-founded in 2010, and the CEO of EFG Asset Management (Switzerland) SA. Prior to this, he was in charge of M&A Integration activities for EFG International, which he joined in 2002.

Patrick holds a MSc in Economics from the University of Lausanne, HEC, is a CFA Charterholder as well as a certified Financial Risk Manager from the Global Association of Risk Professionals.

Ludovic Chéchin-Laurans

Co-Founder & Director

Ludovic is the co-founder and a Director of Capital Union Bank.

Prior to co-founding Capital Union Bank, Ludovic was Deputy CEO of EFG Bank in Switzerland and a member of the Executive Committee of EFG International until September 2013. Prior to this, he was the Managing Director of EFG Bank & Trust in the Bahamas as well as CEO of the Caribbean Region where he initiated and managed several banking entities for EFG in Europe.

Prior to joining EFG, Ludovic served in several positions for BNP Paribas Group from 1999 to 2003, and as Head of Private Banking and deputy CEO for UEB Luxembourg, from 2003 to 2005.