The investment firm, part of private bank Lombard Odier, has named a new COO who takes the helm from a predecessor who has taken up a new role at the group.

Lombard Odier Investment Managers has appointed one of its senior figures, Adam Molina, as its new chief operating officer, based in London. 

Molina is taking over the COO role from Alexandre Meyer, who was recently appointed managing partner, Lombard Odier Group.

With a career that started in New York as an equity research analyst at Whitehall Asset Management, Molina joined Lombard Odier in 2007 from Dillon Read Capital Management to re-establish the firm’s New York office and to launch the 1798 Alternatives business. When LOIM was formed in 2009, Molina became head of product development, based in London. In recent years, his role expanded to include business strategy and insights.

In his COO role, Molina will report to Jean-Pascal Porcherot, head of LOIM and managing partner, Lombard Odier Group. Molina will oversee functions such as trading, IT and operations, fund services, legal and compliance, client servicing and finance.