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Lombard Odier strengthens its Swiss-German presence by opening a new office in Zug and hiring a strong team of experienced bankers
- This strategic move is underpinned by the hiring of an experienced team consisting of several senior bankers and related support, specialised in serving executives and entrepreneurs in the region. Headed up by Marco Arnold, the team will join Lombard Odier on 1 August 2023
- The new office in Zug reflects the Group’s strategic objective to further develop its presence in the Swiss-German market, and its commitment to maintaining close proximity to its local clients
- Lombard Odier further consolidates its leading position in serving executives and entrepreneurs in Switzerland.
Bank Lombard Odier & Co Ltd (“Lombard Odier”), a leading Swiss international wealth manager, is expanding its existing footprint in central Switzerland. With the recruitment of several senior bankers and assistants and the opening of an office in Zug, the bank is pursuing an important step in its Swiss domestic growth strategy and underlining its commitment to local market presence and client proximity.
The new team will be led by Marco Arnold, who has worked in the banking sector for more than 30 years and has been Head of Entrepreneurs & Executives at Credit Suisse Zug for the last 15 years. He holds an Executive Master of Corporate Finance. Marco’s team has more than 130 combined years of banking experience and, in addition to wealth management expertise, broad and in-depth knowledge of investment and corporate banking. With a successful track record in serving executives and entrepreneurs, their focus on these target groups is well aligned with Lombard Odier’s strategy as an entrepreneur-led bank.
Zug is a key business location, with an increasing demand for bespoke wealth management services. Clients in Zug will have access to Lombard Odier’s leading international investment expertise, investment solutions and independent advice.
Gérard Felley, Limited Partner and Head of Swiss and Francophone Private Client Markets, commented, “Switzerland is our home market, hence our desire to constantly strengthen our presence and grow our client base. We have continued to invest in the Swiss-German market in recent years, a strategic growth area for Lombard Odier. With the hiring of Marco Arnold and his team, and the opening of an office in Zug, we are well positioned to pursue our growth ambition and to best serve our clients’ interests”.
Marco Arnold, Local Managing Director, Zug, said, “Together with everyone in the team, we are very proud to join Lombard Odier and to start writing the Group’s history in the dynamic region of Zug. Already established in the area, we are well positioned to serve clients there and to meet the increasing demand – a result of Lombard Odier’s outstanding bespoke wealth management and valued personal relationships”.
Important information
This media release has been prepared by Bank Lombard Odier & Co Ltd, a bank and securities dealer authorised and regulated by the Swiss Financial Market Supervisory Authority (FINMA) (hereinafter "Lombard Odier"). It is not intended for distribution, publication, or use in any jurisdiction where such distribution, publication, or use would be unlawful, nor is it aimed at any person or entity to whom it would be unlawful to address such a document. This media release is provided for information purposes only. It does not constitute an offer or a recommendation to enter into a relationship with Lombard Odier, nor to subscribe to, purchase, sell or hold any security or financial instrument.
This document may not be reproduced (in whole or in part), transmitted, modified, or used for any public or commercial purpose without the prior written permission of Lombard Odier.
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