Lombard Odier Leads Net Zero Conversation with Former UN Leader Ban Ki-moon and its Six Strategic Alliances at Live-streamed Virtual Conference

Lombard Odier

PR91776

 

SINGAPORE, Sept. 20, 2021 /PRNewswire=KYODO JBN/ --

 

Former UN Leader Ban Ki-moon As Keynote Speaker

 

Lombard Odier, a leading B-Corp certified global wealth and asset manager, is

proud to partner with its network of six strategic alliances to lead the

sustainability conversation at its keynote speaker event titled "The Race to

Net Zero: A Sprint or a Marathon". This virtual conference was held on 16

September 2021 and streamed live across eight APAC markets including Hong Kong,

Singapore and Japan.

 

Joined by esteemed former United Nations (UN) Secretary-General Ban Ki-moon as

keynote speaker, Ban's keynote speech shed light on his journey with the UN and

how he brought sustainability to the forefront of the global agenda across

governments and corporations. Some of his major priorities in UN include the

Paris Climate Agreement and the UN Sustainable Development Goals, which he

continues to be a proponent of today.

 

Bloomberg's Chief International Correspondent for South East Asia, Haslinda

Amin, led a fireside chat with Lombard Odier's Senior Managing Partner, Hubert

Keller, who joined live from Geneva, to discuss the bank's efforts in driving

the net zero challenge towards a more sustainable future.

 

Hubert Keller, Senior Managing Partner, Lombard Odier Group, said: "As the

climate transition unfolds, financial exposure to transitional challenges and

physical and liability risks is escalating – we call this Climate Value Impact.

As an asset manager, it is part of our fiduciary duty to help our clients

navigate the transition to the net zero economy. Through forward-looking

assessments, including an understanding of decarbonisation pathways and

trajectories and their financial implications, we help investors re-align their

portfolios. The discussion with Ban Ki-moon was insightful and highlights the

need for clearer roadmaps and concerted action among all stakeholders in Asia,

as elsewhere."

 

Vincent Magnenat, Limited Partner and Chief Executive Officer for Asia, Lombard

Odier, said: "We recognise the considerable challenges faced by many Asian

countries transitioning towards a net zero economy and a model that is

Circular, Lean, Inclusive and Clean (CLIC™) – a cornerstone of Lombard Odier's

mission and vision. As we embrace this Sustainability Revolution we believe

that financial institutions and their clients have an important role to play as

agents of change. At Lombard Odier, we believe the Sustainability Revolution

represents the single largest opportunity of our lifetime – superior returns

that we want to be able to offer our clientele. Together with our network of

six regional strategic alliances, we are glad to engage in a regional dialogue

led by Ban Ki-moon, to influence the implementation of sustainability-driven

causes and investment opportunities as a force for the greater good."

 

Ban Ki-Moon, 8th Secretary General of the United Nations, said: "The global

economy is on a trajectory that would lead to a worsening global climate

crisis, and the recent UN IPCC climate report painted a devastating picture

that the crisis is inevitable, unprecedented and irreversible. With the Paris

Agreement as our best hope against such serious climate threats, leading

financial institutions such as Lombard Odier and its ecosystem of strategic

alliances in the region have a crucial role to play as we step up on our

efforts to implement the Paris Agreement."

 

The "Race to Net Zero" conference was hosted by Lombard Odier's Limited Partner

and Asia CEO, Vincent Magnenat, together with its six partners from its

Strategic Alliance network – namely JBWere Australia, Kasikornbank Private

Banking, Mandiri Private, Mizuho Securities (Singapore), Taipei Fubon Bank, and

UnionBank Private Banking.  

 

About Lombard Odier

 

Lombard Odier is a leading global wealth and asset manager. For 225 years and

through more than 40 financial crises the Group has combined innovation and

prudence to align itself with the long-term interests of private and

institutional clients. The Group is solely owned by its Managing Partners and

has a strong, liquid and conservatively invested balance sheet with a CET1

ratio of 29.7% and a Fitch rating of AA-.

 

Lombard Odier provides a complete offering of wealth services, including

succession planning, discretionary and advisory portfolio management, and

custody. Asset management services are offered through Lombard Odier Investment

Managers (LOIM). The Group has created cutting-edge banking technology, which

is also leveraged by other Swiss and European based private banks and financial

institutions.

 

The Group had total client assets of CHF 316 billion at 31 December 2020.

Headquartered in Geneva since 1796, at end-December the Group had 30 offices in

24 jurisdictions and employed 2,560 people.

 

For more information: www.lombardodier.com

 

Important Information - For Singapore: This media release has been prepared by

Lombard Odier (Singapore) Ltd ("Lombard Odier"), a merchant bank licensed,

regulated and supervised by the Monetary Authority of Singapore ("MAS"). As a

Merchant Bank, the Lombard Odier is able to conduct regulated activities as an

Exempt Capital Markets Services Entity under the Securities and Futures Act

(Chapter 289) and as an Exempt Financial Adviser under the Financial Advisers

Act (Chapter 110).

 

For Hong Kong: This media release has been prepared by Lombard Odier (Hong

Kong) Limited ("Lombard Odier"), a licensed corporation registered by the

Securities and Futures Commission of Hong Kong ("SFC") to carry on Type 1, Type

4 and Type 9 regulated activities under the Securities and Futures Ordinance

("SFO") in Hong Kong.

 

Generally: This media release:

 

(a)       is not intended for distribution, publication, or use in any

jurisdiction where such distribution, publication, or use would be unlawful,

nor is it aimed at any person or entity to whom it would be unlawful to address

such a document.

 

(b)      is provided for information purposes only. Lombard Odier makes no

representations and provides no assurances as to the timeliness, accuracy, or

completeness of the information contained in this media release.

 

(c)       does not constitute an offer or a recommendation to enter into a

relationship with Lombard Odier, nor to subscribe to, purchase, sell or hold

any security or financial instrument.

 

(d)      may not be reproduced (in whole or in part), transmitted, modified, or

used for any public or commercial purpose without the prior written permission

of Lombard Odier.

 

(c) 2021 Lombard Odier (Singapore) Ltd – All rights reserved

 

SOURCE:  Lombard Odier

 

Image Attachments Links:

 

   Link: http://asianetnews.net/view-attachment?attach-id=401246

 

   Caption: Lombard Odier leads net zero conversation with former UN leader Ban Ki-moon and

its six strategic alliances, hosted by Bloomberg's Chief International

Correspondent for South East Asia Haslinda Amin. Speakers include (left to

right): Former United Nations Secretary-General Ban Ki-moon as keynote speaker,

Lombard Odier's Senior Managing Partner Hubert Keller and Limited Partner and

CEO, Asia Vincent Magnenat.

 

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