Vincent Magnenat succeeded Wee earlier this month and reports to Vincent Duhamel, head of Asia for Lombard Odier.
Singapore is one of Lombard Odier’s key Asian hubs and the company said its business had grown steadily there since it opened in 2008. It has had a presence in Asia for more than 25 years and has further offices in Hong Kong and Tokyo.
Magnenat will oversee the growth of both the private banking and the asset management business in Singapore and South East Asia.
As vice chairman of the board, Wee meanwhile, is tasked with “strengthening Lombard Odier’s position in Asia by driving regional business development and coordinating initiatives across the region”. He will also continue to serve private clients.
“In a rapidly-evolving wealth management landscape, Vincent will help to develop strategies for innovation and organisation that will reinforce Lombard Odier’s ability to deliver optimal solutions to our clients,” said Duhamel.
