27 September 2016

Lombard Odier Boosts Southeast Asia Team

Published by Finews.asia – 27th September 2016 

Geneva headquartered Lombard Odier has boosted its ASEAN coverage with the recruitment of an additional Senior Relationship Manager. The new hire will report directly to the Singapore CEO.

In a statement to finews.asia a bank spokesperson confirmed that Sandy Lim has joined Lombard Odier Singapore as a Senior Relationship Manager (RM) focusing on the Southeast Asian market. He will hold the title of Executive Director at Lombard Odier Singapore and will report directly to Vincent Magnenat, CEO Singapore and Head of Private Banking, Asia.

Lim began his career at the city-state’s sovereign wealth fund GIC in 2001. He moved to UBS in 2006 as an Associate and stayed until 2013 at which time he had become a Director. In July 2013 he joined Goldman Sachs Private Wealth Management in Singapore working in the Investment Management Division.

Efficient Expansion in ASEAN

Lombard Odier has been expanding its reach across the ASEAN region with selected partners, it recently teamed up with Union Bank of the Philippines to offer a new global fund to upscale clients and in Thailand Kasikornbank has a strategic agreement with Geneva based Lombard Odier who manage global investment funds on behalf of Kasikornbank’s private clients in return for a management fee.

Under a separate arrangement, Lombard Odier also act as an exclusive offshore custodian for Kasikornbank clients, using Singapore as a booking center. Kasikornbank clients with assets under custody in Singapore also enjoy access Lombard Odier’s broad network of private banking experts.

 

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