Swiss private bank Lombard Odier strengthens its Asia leadership team.  

Lombard Odier has appointed Omar Shokur (pictured) as regional head for Asia for its private clients franchise, starting in March 2025. In this capacity, he will also be CEO for the subsidiary in Singapore, the firm said in a statement.  

In this newly created role, Shokur will oversee the region’s private clients division, bolstering Lombard Odier’s growth strategy in Asia. Based in Singapore, Shokur will be a member of Lombard Odier’s private clients executive committee, reporting to Frédéric Rochat, managing partner and co-head of the private clients division. 

“Reinforcing our senior management and platform is essential to maintaining our competitive edge and capturing growth opportunities in Asia, particularly across our key markets in North Asia and Southeast Asia,” Rochat said,

Shokur brings more than two decades of experience in wealth and investment management, as well as investment banking, with expertise with ultra-high net worth clients, external asset managers, and family office services. He began his career at Crédit Agricole Group serving in various senior roles. For the past five years, he was CEO for Indosuez Wealth Management, Asia.

Vincent Magnenat will continue as Asia group regional head, the firm added. He will lead the activities for Lombard Odier Investment Managers (LOIM) in Asia and the global strategic alliances, both critical to driving growth for the business globally. 

“Together, we look forward to developing our different growth engines – private clients, institutional and strategic alliances, and bringing our Asia franchise to the next level,” Magnenat said.

Headquartered in Geneva, Lombard Odier has total client assets of SFr318 billion ($356 billion).