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


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 5283 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


Back to Top  
Most Viewed Press Release posted in the last 7 days
Top Perfume Picks for Mother's Day @ Glambeaute.com
Filorga Launches Lift Range
Nissan's e-POWER technology wins environmental award
The Sheet Mask Trend
The Global Sensation UFO Lands in Europe at Cosmoprof 2018
Max launches its Inaugural Abaya Collection
Discover the MISA Cho Gong Jin Oriental and Herbal Skincare Range from Missha
Drink yourself to looking younger with Skinade
Mother's Day Offer from Blush N Curls Salon
It's Mother's Day!
Corporate Power Dressing redefined at Kachins Signature
Al-Futtaim Honda launches 10th generation Honda Accord
LULU Organic Food Activation
The V-Tox Facial by Linda Meredith Skincare
GMC sets a new GUINNESS WORLD RECORDS title in partnership with Abu Dhabi Police
The only line you'll love in your face – your perfect jawline!
An Open Secret - The new Flying Regulator Open Gear provides deep insights
OMEGA Launches its NATO Strap “Pop-Up Boutique” in Paris
ba&sh's Spring-Summer collection 2018
Cadillac Alghanim kicks off world-class opportunity in Kuwait
UAE Jiu-jitsu Federation® Conducted the Official Weigh-ins of Abu Dhabi Grand Sl...
Reading Champions Declared at 10th Emirates Airline Festival of Literature
Raymond Weil introduces the Maestro Blues
A Meet & Greet with the Pakistani Cricket Sensation Umar Akmal
GUESS Unveils the Kids Spring 2018 Collection and Campaign
Own your pores like a Bioré Princess!
Milan-san Remo a Dream Target as Uae Team Emirates Announce Super-seven Line Up
The Spring Summer 18 Womenswear Collection
Beyond Beauty partners with Platinum Records to position teen sensation Hala Al ...
Awqaf and Minors Affairs Foundation Attracts 1200 Emirati Job Seekers at Careers...
The Dubai Mall unveils Fashion Avenue; the region's most prestigious luxury des...
Join the UAEs first Women's Warrior Challenge.
UAE's first ICU Symposium attracts over 150 of GCCs top healthcare professionals
Sanofi introduces innovative therapy to help address high unmet medical needs of...
SOUQ welcomes 3M's innovative products to serve everyday customer needs
Scuderia Ferrari Father & Son Gift Set
10th Emirates Airline Festival of Literature Ends with a Bang!
PCFC, GDRFA conclude Successful Marriage program ahead of 7th Mass Wedding
From Jade to Diamond
Velvet Caviar meets Roger Dubuis Diva power
Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum Inaugurates SIKK...
Samsung Mother's Day Blurbs 2018
ISNR Abu Dhabi 2018 closes on a high note, attracts record numbers of exhibitors...
Lufthansa Group achieves best result in its history
Centrepoint Partners With Anghami To Launch New Talent Sessions
Alexey Firsov Solo Exhibition
Agreement signed in the presence of His Highness Sheikh Mohammed Bin Zayed Al Na...
Dubai ranked amongst the world's top destinations for FDI in the real estate market