Bank Lombard Odier & Co is expanding its existing footprint in central Switzerland, with the recruitment of several senior bankers and assistants and the opening of an office in Zug.
The Swiss wealth manager said in a statement on 6 July it was pursuing an important step in its Swiss domestic growth strategy and underlining its commitment to local market presence and client proximity.
"This strategic move is underpinned by the hiring of an experienced team consisting of several senior bankers and related support, specialised in serving executives and entrepreneurs in the region", it said.
The new team, which joins Lombard Odier on 1 August this year, will be led by Marco Arnold, who has worked in the banking sector for more than 30 years and was head of entrepreneurs & executives at Credit Suisse Zug for the last 15 years.
His team has more than 130 combined years of banking experience and, in addition to wealth management expertise, broad and in-depth knowledge of investment and corporate banking, Lombard Odier further said.
"With a successful track record in serving executives and entrepreneurs, their focus on these target groups is well aligned with Lombard Odier's strategy as an entrepreneur-led bank."
This strategic move is underpinned by the hiring of an experienced team consisting of several senior bankers and related support, specialised in serving executives and entrepreneurs in the region.
