Lombard Odier Investment Managers’ (Lombard Odier IM) global CIO Jan Straatman is set to retire at the end of 2017.

Straatman, who has been serving in this role for the last five years, is responsible for developing the firm’s multi-boutique structure. His responsibilities will now be split among the CIOs of the firm’s different investment boutiques.

Straatman will continue to serve as the firm’s adviser and will remain a member of the fund’s boards post retirement.

Lombard Odier IM CEO Hubert Keller said: “Jan has been a valuable member of the Lombard Odier IM management team over the last five years. Jan’s vision has always been to position Lombard Odier IM as a specialist multi-strategy player providing quality investment solutions for our clients.

“His hard work, deep understanding of investment processes and risk management, and his very effective management style has considerably helped us to achieve this goal.”

Straatman previously also served as the CIO at ING Investment Management.