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 7674 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
The FW18 Trend Report From Weill Paris
Discover the Secret to Younger-looking, Radiant Skin
Climax Mascara Never Fake It
Keep your skin looking healthy and hydrated, naturally
Brighter Eyes with Skin Republic
Jessica Kahawaty in Dubai to Celebrate the Launch of SUKIN, Australia's No.1 Nat...
LOOTAH Perfumes brings a collection of delicate scents to fulfill the needs of t...
The Balmain Haute Elegance Oval mirrors the brand's soul
The Rado DiaMaster Petite Seconde Automatic COSC The Rado watch at the top of th...
Lexus Design Award 2019 open for entries
Brow Contour Pro 4-in-1 defining & highlighting brow pencil
Joyalukkas adds another jewel to its crown with the inauguration of its third sh...
BodyO launches officially its AiPod for a full body check-up during the Gitex Fu...
HHC looks forward to collaborating with Louvre Abu Dhabi to boost UAE's cultural...
Trend Alert! Giddy up on the best platform with your new horse-inspo ensemble fr...
Get flawless skin with Rodial's new Booster Drops
Demand for school supplies is higher than ever
Introducing the GUESS Jeans Fall 2018 Collection'
Elegant and feminine new Mini Bubble set to make a big splash
Johnson's launches Fresh Hydration Range – Cleansed, hydrated skin in just #OneSwipe
Manero Peripheral (43 Mm) Classic Watchmaking Meets State of,the Art Technology
The World of Aigner Wunderkammer
UAE Team Emirates Announce Line Ups for Two-day Italian Bonanza
Special Olympics World Games Abu Dhabi 2019 Launches Volunteering Recruitment Drive
Curate your perfect Autumn Winter wardrobe, with Robinsons
REIB DWC-LLC, a Marketing, Management & Financial consultancy Experts from the U...
Dubai Shopping Festival Returns With Much-awaited Mega Raffles
Reinforcing Smartphone's Weakest Link: Huawei Could Launch Ultra-Fast Charging B...
Daniel Craig Brings the Diver 300m to the Surface
DS Podium Chronograph 1/100 sec
Global Report Reveals That the “Feeling of Home” Is Moving Beyond Four Walls
Sharjah Government pavilion highlights digital transformation of Sharjah at GITE...
Dubai's newest social hub - Bar Baar introduces ‘Thela Baar Brunch'
Malabar Gold & Diamonds to triple number of outlets to 750 and raise Group turno...
OMEGA gets set to time the Youth Olympic Games Buenos Aires 2018
Kibsons Expand Vegan Range
Corum Heritage Eleganza- Dedicated to the stylish woman
Health Shield Medical Center to Celebrate Women of the Capital
Joyalukkas Celebrates the Festival of Light with Irresistible Offers
With more collections and a more spacious car parking, Kalyan Silks moves to El...
AXOR is the official partner for bathroom fixtures of the Design Hotels™ brand
Lacoste Introduces the Keep Playing Collection for Women
Sixth Turkish Airlines World Golf Cup played in Istanbul
Nokia smartphones serves first slice of Android™ 9 Pie on the award-winning Noki...
Emirates Airline Dubai Rugby Sevens 2018 FactSheet
Festival Plaza Announces Lulu Hypermarket at New Lifestyle Destination
The Ford F-150 Raptor: Your Ultimate Partner for Off-Road Adventure
Western Digital powers AI-enabled storage for futuristic surveillance and security
Dubai Land Department: 41 real estate companies compete in International Propert...
Sharjah Girl Guides Unleash their Power on International Day of the Girl Child