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Lombard Odier partner exits over strategy dispute

Lombard Odier partner exits over strategy dispute

Hugo Bänziger, one of the seven managing partners of Lombard Odier, will exit at the end of the year.

The bank told Citywire Switzerland: 'Lombard Odier and Hugo Bänziger have decided, by mutual agreement, to bring their partnership to an end due to diverging views on leadership and the implementation of the group strategy.'

Bänziger joined in April 2014 and was responsible for compliance, IT and marketing within the group.

Lombard Odier confirmed that Bänziger will maintain some ties to the group following his exit.

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