“As we begin a new chapter as MKS PAMP, we see how our family values have driven us as a team to always strive to exceed the highest standards. Karma Shakarchi-Liess will assume a new role as Chairman of MKS PAMP SA. Shakarchi previously held the position of CEO of MKS (Switzerland) SA and Chairman of the board of PAMP SA. The Board of Directors has appointed Marwan Shakarchi as Chief Executive Officer, effective immediately. The combined entity will employ over 270 people across Switzerland, from Geneva to Ticino, strengthening economic impact, further developing expertise and know-how while bolstering local support in the region. This new holistic approach, along with their proven management capabilities and experience, will provide greater synergies across their offerings and operations. The new entity will harness the trading and financial expertise of MKS, and the industrial know-how of PAMP to respond to their clients ever-evolving needs and requirements. Today, MKS PAMP SA will group its refining, fabrication and trading services under a 360-degree offering. This merger will further strengthen the MKS PAMP GROUP’s expertise, enhance stakeholder value and reaffirm their responsibility towards sustainable practices. GENEVA – November 30 th 2021 – MKS (Switzerland) SA, a precious metals trading house (“MKS”) and PAMP SA, the leading refinery and leading bullion brand (“PAMP”) have merged to become “MKS PAMP SA”.
