Dubai, UAE: Bank Lombard Odier & Co Ltd (“Lombard Odier”) is pleased to announce the appointment of Ali Janoudi as Head of the New Markets region as of 1 April 2024. Based in Geneva, he becomes a Limited Partner and reports to Frédéric Rochat, Managing Partner and Co-Head of the Private Clients activity. He will also join the Private Clients Executive Committee.

A highly skilled professional whose 30 years of banking experience cover New York, Luxemburg, Paris and Switzerland, Ali Janoudi joins Lombard Odier from UBS, where he successfully led various international strategic units over the last 13 years and was a member of the Global Wealth Management Executive Committee. He held several senior leadership roles, including Head of Central & Eastern Europe, Middle East, Africa, Group Head Middle East and Africa, ensuring close coordination between Wealth Management, Investment Bank and Asset Management, as well as more recently Executive Vice Chairman.

Ali Janoudi will be responsible for pursuing Lombard Odier’s growth strategy in the New Markets region with a particular focus on the Middle East. Ali takes over the role from Arnaud Leclercq, Partner Holding Privé. Arnaud will be taking on a new role focusing on key strategic clients.

Frédéric Rochat, Managing Partner and Co-Head of the Private Clients Division, said: “We are very pleased to welcome Ali Janoudi to our Group. His international experience, people-oriented management skills and in-depth knowledge of many regions within the New Markets space and especially  the Middle East, are valuable assets that will further enhance Lombard Odier’s position in these strategically relevant markets.

We would also like to express our sincere gratitude to Arnaud Leclercq for his strong contribution to establishing the Group’s presence in the region over the past 17 years. We are pleased that he will retain an important role focusing on key strategic client relationships.”

Ali Janoudi, Head of New Markets, said: “I feel honoured to join a private bank whose history and DNA resonate so much with my values, and which position Lombard Odier as a wealth manager of choice for entrepreneurs and their families. Building on our strengths and excellent reputation, I look forward to contributing with my teams to growing Lombard Odier’s presence in the New Markets region.”

About Lombard Odier

Lombard Odier is a global wealth and asset manager with a strong focus on sustainable investing. For over 225 years and through more than 40 financial crises, the Group has aligned itself with the long-term interests of private and institutional clients. It has a strong balance sheet with a CET1 ratio of 32% and a Fitch rating of AA-, the highest possible rating for a bank of its size.

Structured as an independent partnership, Lombard Odier is solely owned by its Managing Partners. This governance model allows the Bank to remain completely client-focused and innovative at the highest level in the organisation.

Lombard Odier is an investment house that provides a comprehensive offering of discretionary and advisory portfolio management, wealth services and custody. Asset management services are offered through Lombard Odier Investment Managers (LOIM). The Group has created cutting-edge banking technology, which is also leveraged by other Swiss and European-based private banks and financial institutions.

The Group had total client assets of CHF 296 billion at 31 December 2023. Headquartered in Geneva since 1796, at end-December the Group had 26 offices in 19 jurisdictions and employed 2,900 people.

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Andreas Kessler                                 Ellen Birch
Media relations                                  Media relations

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