The new CEO has worked closely with his predecessor in the joint management of the Swiss bank over the past two years.

Lombard Odier Europe has appointed Stephane Herrmann (pictured) as chief executive officer. He replaces Henry Fischel-Bock who is due to retire.

Herrmann, who will focus on growing and developing the bank’s European domestic activity, joined Lombard Odier (Europe) in 2019 as chief operating officer and deputy chief executive officer. 

With his long experience in various management positions within global companies, he has a thorough knowledge and command of the European business, regulatory and operational environment, the Swiss bank said.

“We wish Stephane every success in his new role and are confident that under his leadership we will be able to further grow and develop our European domestic activity. We would like to thank Henry warmly for his strong contribution to the development of our European bank over the past seven years and look forward to counting on his expertise as we pursue the strategic development of our European bank,” Frédéric Rochat, managing partner, said.