Lombard Odier Private Bank has appointed Michael Le Garignon as head of the groups’ Independent Asset Managers (IAM) UK offering, which will be launched next year.
Lombard Odier’s Independent Asset Managers Division exists for more than 25 years and has currently €18bn under custody. It provides multi-family offices and wealth managers a portfolio management platform, whose features include performance analysis, asset consolidation, reporting and order entries.
Le Garignon joins from Societe Generale Securities Services, where he was head of Business Development, Sales & Relationship Management for the UK and Ireland. Prior to that, he held business development roles at JP Morgan and BNP Paribas Securities Services.
Duncan MacIntyre, CEO UK at Lombard Odier comments: “Technology is a hugely important factor in order for family offices and wealth managers to flourish. They need robust systems with the highest standards of quality to meet the demands of their clients and develop businesses to their full potential, benefitting from the full suite of services Lombard Odier has to offer. This need will only get greater as regulatory pressure increases. We’re delighted to welcome Michael to Lombard Odier, whose wealth of expertise will be valuable for driving forward the IAM business in the UK, which is an important part of our growth strategy.”