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 7729 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
BodyO launches officially its AiPod for a full body check-up during the Gitex Fu...
The World of Aigner Wunderkammer
Halloween “Catwoman” mask using BROW products
Fifi & Friends - Now available at more outlets across the UAE
Corum Heritage Eleganza- Dedicated to the stylish woman
Win up to 250,000 Gold coins at Malabar Gold & Diamonds this festive season
BOLLYWOOD PARKS™ Dubai introduces 11 new shows with a new line up of performance...
Michael Kors to Introduce a Special-edition Whitney Handbag for the Middle East
Dubai's newest social hub - Bar Baar introduces ‘Thela Baar Brunch'
Dubai Shopping Festival Returns With Much-awaited Mega Raffles
Hour Choice presents Coach Park Collection (Suede straps)
Sunglasses Trends for Fall/Winter 2018
Saddle Up With kate spade Fall 2018
Introducing the Nokia 7.1 to the UAE
Scuderia Ferrari Aspire Watch Special Edition Gift Set
W Motors and Safe City Group introduce the BEAST PATROL at GITEX: One of the mo...
CITIZEN Unveils 100th Anniversary Limited Edition Collection
Be Thankful with Tub of Butter This Thanksgiving
Rado DiaMaster Ceramos Automatic
Sharjah Government pavilion highlights digital transformation of Sharjah at GITE...
Neymar Jr. Partners With GaGà Milano as Brand Ambassador
L'oréal Among the Top 10 of Thomson Reuters Diversity & Inclusion Index
Toyota's legendary King goes urban with the 2019 Land Cruiser Grand Touring Edition
Nissan to Make Official On-track Formula E Debut
Trust Corine de Farme for Sulfate-Free Baby Products
Western Digital powers AI-enabled storage for futuristic surveillance and security
HUGO BOSS Watches Jump Collection
Tissot Bella Ora Round Style incarnate
Dubai Festival City Run 2018 to take place on November 9th
Avivo's Ribbon of Life Walk in support of Breast Cancer on 19th October
Healthcare leaders sign in Dubai a Call for Action to raise awareness about ‘sil...
Malabar Gold & Diamonds partners with NBF for the second NBF Fujairah Run
Epson Introduces the New A3 and A4 business inkjet aimed at busy workgroups duri...
Daikin eyes significant expansion of business in the UAE
Dubai Business Women Council witnesses 36.5% growth in total membership since th...
Synx, Pand.ai, and AIMLedge named winners of startAD's Artificial Intelligence V...
Cell Phones, Sporting Goods, and Soon, Cars: Ford Innovates with “Miracle” Mater...
Tazio Nuvolari – Time is legend
Lacoste Kyoto Collection
Rado HyperChrome Diamonds
Jeddah Airport delegation applauds Dubai Customs' experience in facilitating tra...
FBN Next Generation Lombard Odier Award 2018 champions the next generation of en...
Baroncelli Big Date collection from Mido
Swiss Chemicals & Building Material Giant “Sika” Expands Operations in UAE with ...
Dubai Health Authority showcases its smart services at GITEX 2018.
400 UAE residents come together on World Arthritis Day
Roda Al Bustan and Roda Amwaj Suites acclaimed as regional leaders in hospitality
8 Jours Grande Taille a modern take on a classic timepiece
Nawah Energy Company Establishes World's First Nuclear Language Proficiency Standards
T-Mobile and Ericsson sign major $3.5 billion 5G agreement