Lombard Odier Investment Managers has bolstered its European sales teams with the appointment of Donato Savatteri as country head in Italy and Frédéric Cruzel as head of sales in France.

Savatteri was latterly commercial director for Franklin Templeton Investments in Italy, having previously worked for UBS, Crédit Agricole and JP Morgan. He will be based in a new office in Milan, where he will be joined by Alessandro Fonzi, who the company describes as a key player in the development of its Italian business.

Cruzel, most recently deputy sales director for France at Amundi Asset Management, will be based in Paris. Before Amundi, he spent ten years at Société Générale Asset Management as director of institutional sales for Europe and Canada. He will be supported by Patrick Lajoinie.

Both appointees will report to Marius Wuergler, who is responsible for the company’s European sales efforts. The appointments are subject to the relevant regulatory approvals.

LOIM is a unit of the Swiss private bank Lombard Odier Darier Hentsch & Cie and managed about SFr34 billion (about $40 million) in client assets at the end of March. The group has roughly SFr145 billion of assets under management.