GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Banking and Investments

 
  Share

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 : GoDubai Editorial Team
Viewed 4233 times
Posted on : Saturday, November 11, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : UnionPay and Mashreq Bank partner to increase online card acceptance in the UAE
Next Story : EFS Facilities Services Wins Integrated Facilities Management Contract With King Abdullah Economic C...
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Sports Bras Banishing Bounce by 83% arrive in store
Malabar Gold & Diamonds makes historic gain Opens 11 showrooms in a day across 6...
IKEA Welcomes Children in-store to Spread Love for the Arabic Language as Part o...
AIGNER Love
We Sheet You Not! Foreo Announces End of Face Mask Epidemic
Transform Your Skin In 2018 with QNET's Revolutionary Elixa Skincare
New Year, New Skincare!
Experience the ultimate beauty extravaganza as MyBeautyFest kicks off with the i...
Michael Kors Presents Spring 2018 Watches
Signature Scents for Your Home
Spring/Summer 18' Beauty Picks from Missha Cosmetics
Garden Party Style and Cult Classics: Swatch Launches Spring-summer 2018 Collection
Marine Torpilleur Military made for men who chart their own destiny
Corum Bubble Art For Those Who Appreciate A Work Of Art
Shimmering Gilda takes on a silvery sheen
Land Rover's 70th Anniversary Begins With Restoration of ‘Missing' Original 4x4
Mido's Baroncelli Prisma - A sparkling play of prisms enhanced by 51 diamonds'
New Year – New Savings now with Al-Futtaim Honda
Samsung Delivers Vision for Open and Intelligent IoT Experiences to Simplify Eve...
Malabar Gold & Diamonds strengthens its global position as a leading jewellery r...
Samsung Electronics' 2018 Smart TVs Become First to be Industry-Certified for En...
The Trésor Collection
Dubai Culture Organises ‘Carnival of Ideas'
EUROSTAR presents seven global tech majors at CABSAT 2018
ESC's INDIASOFT to Bring Over 400 ICT Foreign Buyers To Bengaluru
Nissan reaffirms importance of electrification at World Future Energy Summit
“12th Edition of SNF's Family Fun Fair”
Nissan and NASA extend research into autonomous mobility services
Dubai Tour team line-up announced: 16 teams of seven riders at the start
Defender Lives on: Land Rover Launches V8 Edition To Celebrate 70th Anniversary
Governments to Signal Support for IRENA Key Role in Global Energy Transformation
Womenswear Preview and Showroom Connection: WHITE Man & Woman's Formula Bets on ...
Dallas Picks Ericsson for Smart Cities Traffic Solution
Renault-Nissan-Mitsubishi Launches a Venture Capital Fund to Invest Up to $1 Bil...
Mashreq Bank offering credit cards for every passion
The Balmain de Balmain Moon Phase Collection - loves personalisation to the moon...
LG's Award-winning 4k Uhd Projector to Debut at CES 2018
HH Sheikh Hasher Bin Maktoum Al Maktoum opens CABSAT 2018
His Highness Sheikh Hasher bin Maktoum bin Juma Al Maktoum Visits du's Stand on ...
Masdar unveils locally manufactured all-electric Eco-Bus at Abu Dhabi Sustainab...
Dubai Outlet Mall celebrates DSF 2018 with amazing attractions for shoppers
Dubai Health Authority Director-General chairs brainstorming meeting, reduction ...
British Group GFG Alliance makes binding offer to buy Aluminium Dunkerque from R...
Krypto Labs named Strategic Partner for World Future Energy Summit's CLIX
IRENA Commission to analyse how energy transformation driven by renewables will ...
5 Different Types of Denim and How to Wear Them
IBM signs US$85 million private cloud managed services agreement with Emirates a...
Dubai's Star Business Centre becomes the first commercial centre to accept crypt...
Princess Reema hopes to see a woman in every Saudi sports federation
ENEC CEO: Barakah will be the first nuclear energy plant in the Arab world, sett...