Apple turnover


SENIOR Apple executive Marco Landi has resigned amid several reports in trade journals of further boardroom reshuffles. An official statement said Landi had decided to "pursue other interests". He was executive vice president of sales and support and formerly executive vice president and chief operating officer.

Robin Abrams, previously senior vice president of Apple Americas, will take over his role. The move came as the computer company announced further details of its streamlined organisational structure. Its new Worldwide Sales and Support division consists of all the geographical sales organisations, as well as Claris, and AppleAssist.

The division will be responsible for sales and support services for the education, business, and consumer markets. It will be divided into sub sections organised geographically.

"We are shaping our sales organisation to put the responsibility for sales and support closer to our customer," said Apple's chairman and chief executive, Gilbert Amelio.

. A Swiss company hopes to redefine private banking with a modem and the click of a mouse by benchmarking asset management services and offer them to clients via Internet type technology, its chairman said.

Jean Louis Montegut, head of NatioVision, owned 51 per cent by French Banque Nationale de Paris, said the new firm was the first online service provider of its kind specialising in private banking in Switzerland.

The company's tailor made software will provide data, television images, analysis, stock and foreign exchange market information from third parties around the clock and link clients with bankers online or via video conferences, Montegut said.

"It's home banking for the rich," he explained.

Swiss banking secrecy is a major attraction for the world's very rich.