In Monaco-Ville, the Palais Princier de Monaco has announced that, by decision of His Serene Highness Prince Albert II of Monaco, Mr. Frédéric Cottalorda has been appointed Conseiller de Gouvernement-Ministre des Finances et de l’Économie, effective April 1st, 2026.

He succeeds Mr. Pierre-André Chiappori, who had held the position since March 18th, 2024.

Mr. Cottalorda holds a Maîtrise de Sciences Économiques and a Diplôme d’Études Supérieures Spécialisées en ingénierie patrimoniale. He began his administrative career in April 2005 within the Service d’Information et de Contrôle des Circuits Financiers (SICCFIN), where he served in several roles, including Adjoint au Directeur until September 2013. He subsequently developed a consulting practice advising professionals subject to obligations relating to lutte contre le blanchiment et le financement du terrorisme (LCB-FT). In August 2024, he was appointed Conseiller Spécial au Secrétariat du Département des Finances et de l’Économie.

According to the Palais Princier, his experience across both the public and private sectors provides him with recognized expertise and a strong understanding of the financial and economic challenges facing the Principality.

The Sovereign Prince also expressed his sincere gratitude to Mr. Pierre-André Chiappori for his dedication and rigor throughout his tenure at the head of the Département des Finances et de l’Économie.