The Geneva private bank has recruited a well-known former head of research at Credit Suisse. At Lombard Odier she will once again be reporting to her former boss Michael Strobaek, as reported by finews.ch.

Nannette Hechler-Fayd’herbe is moving to Lombard Odier as head of investment strategy, sustainability and research and chief investment officer (CIO) for Europe, the Middle East, and Africa (EMEA). The Geneva private bank informed its staff about her arrival on Thursday, as reported by finews.ch.

The well-known head of research will take up her post on January 15, 2024, and will report to Michael Strobaek, who took over as chief investment officer at the long-established Geneva bank back in November and also heads its Global Investment Solutions department.

Member of Advisory Council at University of Zurich and HSG

Strobaek and Hechler-Fayd’herbe know each other very well from their time at Credit Suisse. He spent many years as the bank’s Global CIO, while she was most recently its CIO for the EMEA region and head of economics and research in Wealth Management (Private Banking). The finance expert was also involved in communicating Credit Suisse analyses and studies to the public, giving her a prominent public profile.

Alongside her other professional commitments, Ms. Hechler-Fayd’herbe was a long-standing board member of the Credit Suisse Pension Fund Switzerland and a board member of the International Capital Markets Association. More recently she served as a member of the Advisory Council of the business and economics faculties at the University of Zurich and the University of St. Gallen (HSG).

A Real Stir

She will work from both Geneva and Zurich in her new role at Lombard Odier. A number of high-level former Credit Suisse staff have now come together in the city on the Limmat since the banking giant was taken over by UBS, among them Serge Fehr, who is head of the Swiss market, and Sabine Heller, who is responsible for the Zurich market region.

Heller’s move in Oktober caused a real stir and generated nationwide headlines for the private bank, which had actually acted very discreetly. This does not appear to have put off Lombard Odier’s owners, however, as in recruiting Hechler-Fayd’herbe they have grabbed another executive from the UBS subsidiary.