Lombard Odier Private Bank has appointed Michael Le Garignon as head of independent asset managers (IAM) UK as part of its strategy to bolster its presence in the UK.

Garignon, who has over 30 years of experience in financial services industry, will oversee the launch of the company’s independent asset management offering in the UK next year.

He is joining Lombard Odier from Societe Generale Securities Services, where he was head of business development, sales & relationship management for UK & Ireland.

He previously also held business development roles at JP Morgan and BNP Paribas Securities Services.

Duncan MacIntyre, Chief Executive Officer, UK at Lombard Odier said: “We’re delighted to welcome Michael to Lombard Odier, whose wealth of expertise will be valuable for driving forward the IAM business in the UK, which is an important part of our growth strategy.”

In October, the company made series of hires in London office, including a new COO, three private bankers, a new wealth planner and a legal counsel.

Lombard Odier’s Independent Asset Managers division was created 25 years ago and has €18bn under custody.