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