A high-flying executive has won £32,000 after her Davos attending boss made comments about the size of her breasts before demoting her from her job at a prestigious City firm. Jolanda Niccolini was told she needed to 'remain rational' and decoration interieur Miiza avoid being overtaken by 'a hormone tempest' by her boss, Davide Serra, who claimed women get 'frantic and unpredictable during their periods'. external frameThe married CEO, who leads multi-billion-pound asset manager Algebris Investments, also made 'wholly inappropriate' comments, including about the size of Ms Niccolini's breasts, while hosting clients at his French chalet. The dual British and Italian citizen, who attended Davos earlier this year, also told clients Ms Niccolini would do anything for them, 'including prostitute herself', an employment tribunal heard. Ms Niccolini, Head of Business Development and Investor Relations at Algebris - who received bonuses worth more than £2.3 million over a six year period - was made redundant following a dispute about her performance and management style.
(Image: [[|]]) Algebris Investments CEO Davide Serra (pictured) made 'wholly inappropriate' comments and commented on the size of Jolanda Niccolini's breasts
Now, she has been awarded more than £32,000 in compensation after successfully suing Mr Serra's firm Algebris for sex harassment and victimisation. The hearing, in central London, was told Italian national Ms Niccolini started working for the global asset management firm in 2013.
She was based in Milan but later moved to the company's London office. The single mother had known 52-year-old founder Davide Serra since attending the prestigious Bocconi University in Milan, before joining his company as a director, focusing on investor relations and business development. Ms Niccolini and Mr Serra were 'very good friends', the tribunal heard, but were known to be 'impulsive and volatile and might speak frankly to each other'. The tribunal heard he was prone to making 'wholly inappropriate' remarks and had previously had to apologise to her. 'On more than one occasion while hosting clients at his chalet in Chamonix, Mr Serra made a comment about the size of [her] breasts,' the tribunal found. 'He once said it was best to have men presenting to large audiences of financial advisers as they were mainly male audiences and said more than once that there were meetings where he had to go to by himself as they were to discuss things amongst men. 'In 2016 Mr Serra made a comment to clients that [she] would do anything for them 'including prostitute herself'. '[She] was furious and deco chambre Miiza decoration asiatique Miiza made that clear.
Mr Serra sent her flowers by way of an apology after this incident.'
(Image: [[|]]) Jolanda Niccolini (pictured) won a £32,000 payout after launching a sex harrasment claim against multi-billion-pound asset manager Algebris Investments
The tribunal heard that in meetings Mr Serra would comment to female colleagues about dresses they wore being smart or 'you look elegant today', rather than concentrating on their work. At the same time, the tribunal heard Ms Niccolini had once emailed Mr Serra saying, 'I'm on top - the way I like it' and had concluded a presentation using a photo in which he held a foam roller in a 'phallic innuendo'.