Lombard Odier has appointed Omar Shokur as regional head for Asia, private clients as of 1 March 2025. In this capacity, he will also be CEO for the subsidiary in Singapore, subject to regulatory approval.
Shokur (pictured) will oversee the region’s private clients division, pursuing and strengthening Lombard Odier’s growth strategy in Asia, a strategic region for the group, according to a statement by the Swiss firm.
Based in Singapore, he will be a member of Lombard Odier’s Private Clients Executive Committee, reporting functionally to Frédéric Rochat, managing partner and co-head of the private clients division.
Rochat said: “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. We are confident that [Shokur’s] extensive experience and ability to lead will be a pivotal step in the future development of Lombard Odier in the region.”
Shokur has more than two decades of experience in wealth and investment management, as well as investment banking, with significant expertise with ultra high net worth clients, external asset managers, and family office services.
He began his career at Crédit Agricole Group where he held various senior roles. For the past five years, Shokur was CEO of Indosuez Wealth Management, Asia.
Meanwhile, Vincent Magnenat will continue in his role as Asia group regional head. He will directly lead the activities for Lombard Odier Investment Managers (LOIM) in Asia and the global strategic alliances.
The Lombard Odier Group had total client assets of CHF 318bn ($356bn) at 30 June 2024. Headquartered in Geneva since 1796, at end-June the Group had 28 offices in 19 jurisdictions and employed 2,910 people.
