Lombard Odier taps local alliances to capture Asia’s growth

[GENEVA] IT may not be the best-known Swiss private bank in Asia, but Lombard Odier is steadily increasing its presence in the region via strategic local alliances, as well as by growing its Singapore-based management team.

Founded in 1796 and organised as a partnership, Lombard Odier wants to be the private bank of reference for entrepreneurs and their families, senior managing partner Patrick Odier told The Business Times at a media engagement in September.

It has set up three Asia hubs in the past 35 years, with the latest being its Singapore office in 2008. Singapore is home to its main banking operational platform and infrastructure in the region, as well as its main booking centre.