A long-tenured bank executive assumes operational leadership of the asset management business.
Adam Molina was named the Chief Operating Officer (COO) of Swiss private bank Lombard Odier's asset management business, according to an announcement sent by the bank on Wednesday.
Molina began his banking career as an equity analyst at Whitehall Asset Management in New York before moving to Dillon Read Capital Management in 2007 (now UBS) and then on to Lombard Odier, where he built up the New York branch and launched an alternative investment business called ‹1798 Alternatives›.
Key Responsibilities
He was responsible for product development out of London after Lombard Odier Investment Managers (LOIM) was established in 2009. In recent years, his role has expanded to include the Business Strategy & Insights area. He will continue to be based in London as a member of the executive committee of LOIM, reporting to Jean-Pascal Porcherot, head of LOIM and a Group Managing Partner.
Alexandre Meyer, Managing Partner at Lombard Odier (Image: zvg)
As part of his new expanded role at LOIM, Molina will be responsible for trading, IT and operations, fund services, legal and compliance, client servicing, and finance. He is taking over from Alexandre Meyer (image above), who was recently named a managing partner of the Lombard Odier Group, as finews.com previously reported.
