Dubai, UAE, July 10, 2017: Lombard Odier has been named Western Europe's Best Bank for Wealth Management for 2017 by Euromoney, the leading global financial publication, at its prestigious annual Awards for Excellence.
“We are honoured to have received this award for our longstanding commitment to accompany families, entrepreneurs and private individuals on their wealth management journeys,” said Lombard Odier Senior Managing Partner Patrick Odier. “This acknowledgment inspires us to continue to cultivate our 221-year-old tradition of servicing our clients in a secure, innovative way in each and every aspect of their financial lives”.
The award recognises Lombard Odier's leading position in wealth management, with the judging panel highlighting Lombard Odier's understanding of the complex and challenging environment clients are facing and the innovative solutions it offers to help clients overcome this.
The judges were impressed by the combination of Lombard Odier's expertise across social responsible investment and impact investing, and the innovative ideas being developed in the asset management business.
As part of this innovation, the bank was acknowledged for providing infrastructure and technology solutions to third parties, which has included providing cutting-edge IT and operations services. Furthermore, Lombard Odier's commitment to digital was recognised, with the partnership with France Digitale highlighted as evidence of this.
This is the first time Lombard Odier has won this prestigious award, which is a public acknowledgement of the work that has been done both in Switzerland and across Europe, from branding to business efforts, to increase its visibility and standing over the past year.
In making the decision, Euromoney commented, 'The bank is an example of the new model of wealth management.'
The Euromoney Awards for Excellence 2017 were held in London on 6 July. Now in their 26th year, the awards seek to recognise banks that are world class in their management and in the services that they deliver, with business models that can adapt to meet clients' needs and changing market and regulatory conditions.