Lombard Odier and KB Kookmin Bank entered a partnership to match the Swiss wealth manager’s expertise with the South Korean bank’s client base.
Lombard Odier provides wide-ranging advice in wealth management and specialised services
such as estate planning, family business expertise, philanthropy or solutions for independent
asset managers.
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Clients of KB Kookmin Bank will now be able to access Lombard Odier services and financial
solutions.
A "strategic partnership"
This move continues Lombard Odier’s push to expand its influence in South Asia. The group is
present in the region since 1987 with offices in Hong Kong, Tokyo, Singapore and has an existing
partnership with JBWere in Australia.
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By GlobalDataLombard Odier’s new alliance with KB Kookmin Bank should assure the Swiss wealth manager to
pursue its momentum.
Vincent Duhamel, Head of Asia for Lombard Odier, said: "This partnership brings our depth of
expertise and investment platform to Korean clients and is in line with our development in Asia."
"The partnership will help KB Kookmin Bank’s wealth management business, GOLD&WISE,
expand to the next level while strengthening Lombard Odier’s footprint in Asia," said Jeong-Rim
Park, executive president of the Wealth Management Division at KB Kookmin Bank.
