Dubai PR Network, Online Press Release from Dubai and Middle East
 
Banking & Insurance(Banking & Investments)
Filter PR by
  
Lombard Odier Demonstrates Growing Commitment to Region With GCC Private Bank of the Year Award
 

Dubai, UAE, November 11, 2017:  Lombard Odier, leading global wealth and asset manager, has reinforced its dedication to the Gulf Cooperation Council (GCC) region with the prestigious ‘Overall GCC Private Bank’ award at the 2017 WealthBriefing GCC Region Awards ceremony last night. 

With over 50 years of service in the region, Bank Lombard Odier & Co Ltd - Representative Office Dubai has been recognized by Wealthbriefing for four consecutive years and has received six regional awards in the past six years. The Bank has further proven its commitment to the wider GCC region in 2017 with a number of initiatives including a stronger workforce, strengthened links with local institutions, the addition of new services such as succession planning and relocation expertise, and significant growth in Islamic investments to cater to local demands. 

Visiting the UAE from the Bank’s headquarters in Geneva, Arnaud Leclercq, Partner of Lombard Odier & Co Limited Partnership, who heads new markets, including the Middle East, commented, “While growth is important to us as a bank, what is more important to us is to ensure that we are serving each of our markets with the highest industry standards. We do this by ensuring our diverse and valued customers receive the services and solutions that address their specific needs from experts of the highest calibre. For Lombard Odier, the pace at which we grow is important but the depth that we reach within our regional presence across our markets surpasses this priority and we are delighted that this has been recognized with the prestigious award from WealthBriefing.”  

Also present at the awards ceremony was Christophe Lalandre, Local Managing Director of the Bank, who manages the Bank’s presence in the UAE. Reflecting on the award, Christophe Lalandre said, “The prestigious ‘Overall GCC Private Bank’ award is a testament to our growing presence and allegiance to the entire region as we look to deepen our client relationships with tailored offerings that are important to our unique customers. The award complements another successful financial year for the Bank with the GCC region continuing to be one of the bank’s fastest growing markets as regional investors seek expert guidance amid a very turbulent global investment landscape.” 

The judging panel, evaluating nominee independence, integrity and genuine insight, included experts from both private banks and trusted advisors/consultants to the sector. Award categories focused around three main areas; experts (individuals and teams), products, and services for wealth managers and clients/institutions of all sizes and types.

The Lombard Odier Group’s client assets have grown across all three business lines at a global level; private clients, asset management, and technology for banking. As of end June 2017, the total client assets reached 242 billion Swiss francs (CHF) while operating profits also climbed five percent on the previous year, and consolidated net profit increased by 13 percent. 

The awards were announced at a ceremony held at the Taj hotel in Dubai on Wednesday, November 8, in the presence of Arnaud Leclercq and Christophe Lalandre. Earlier this year, the Bank was awarded best bank in wealth management in Western Europe by Euromoney, the leading global financial publication, at its 2017 annual Awards for Excellence. Also in 2017, Lombard Odier was honoured with two awards at the annual WealthBriefing European Awards 2017 in London with ‘Best Marketing/PR Campaign’ and ‘Best Customer Facing Digital Capabilities’ for the UK private bank. 

Posted by : Dubai PR Network Editorial Team
Viewed 2928 times
PR Category : Banking & Investments
Posted on : Saturday, November 11, 2017  10:46:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : UnionPay and Mashreq Bank partner to increase online card ac...
Next Story : Mashreq Bank - Official Banking Partner for Dubai Property S...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
SOUQ.com to Launch Half a Million Deals for White Friday 2017 [20167-Views]
Give the Gift of Beautiful Hair with SHOW Beauty [16671-Views]
PLAY FOR PEACE, Spread Good Vibes this Christmas [16622-Views]
Roja Parfums ELYSIUM - Now available at Paris Gallery in UAE [16244-Views]
Runway Dubai Wrapped up an inspiring star studded event with iconic designer, Walid Atalla... [14695-Views]
FOREO: Futuristic Gifting Ideas [13420-Views]
Six pairs of Emirati siblings marched together at Skyline's 27th Graduation Ceremony [13396-Views]
Infinix Launches Zero 5 in Dubai in Partnership with Souq.com [10943-Views]
Santa Claus is coming to town on a festive Graham Chronofighter Vintage Nose Art Ltd [10303-Views]
Stylish automatics from CITIZEN made for the special occasion [9955-Views]
Alpha Assured Assistance (AAA) Loyalty Program to ramp up loyalty landscape in the UAE [8186-Views]
Tub Of Butter Celebrates First Birthday with 1 Dhs Coffee [8156-Views]
SOUQ ramps up operations ahead of White Friday Sale [8150-Views]
SAINT HONORE Celebrates the UAE's 46th National Day with a Limited Edition Haussman Quartz [7845-Views]
Experience the best of Korean beauty with Missha [7710-Views]
Make Room for Play and Celebration With IKEA During Dubai Design Week [7454-Views]
Dubai RAK Diabetes Center launches Dhs 1 Diabetes screening for residents [6862-Views]
50 Years of Puma Suede: PUMA Brings It for the Culture With the B-boy Pack [6399-Views]
Dubai Shines as Global Industry Descends on Vod Dubai International Jewellery Show [5813-Views]
Godiva Arabia opens its 17th branch in the UAE [5606-Views]
Premium Beverages Maker Hielo Beverages India Forays into Dubai(UAE) [5594-Views]
H.H. Sheikh Hamdan bin Zayed Al Nahyan Tours the Barakah Nuclear Energy Plant [5228-Views]
Chattels & More returns to Downtown Design showcasing limited edition pieces while KARE ma... [5191-Views]
Dubai Sports Council Championship for Football Academies set for a “bigger and better” sea... [5142-Views]
Toyota goes Xtreme with Land Cruiser, FJ Cruiser and Fortuner [5142-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories