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Iván Basa appointed new Managing Director of Lombard Odier in Spain
Iván Basa, Senior Vice President at Lombard Odier’s Madrid office, will become Local Managing Director of the Firm’s Spanish franchise as of 1 October 2022. He succeeds José Couret, who will remain within the Group as Senior Banker and Advisor. This appointment underlines Lombard Odier’s strong commitment to continuity and growth in the Spanish market.
Iván Basa joined Lombard Odier in 2018 as Senior Banker, and has 17 years’ experience serving high-net-worth clients within major institutions including Credit Suisse and Barclays Wealth and Investment Management. With a degree in Law and a Master’s in Business Administration from ICADE, Iván also has extensive experience in the management of high value assets and investment banking operations for private clients.
This internal nomination will ensure a smooth transition, underlining the Group’s ambitions to maintain its unique values and client-centric approach. Iván will report to Stephen Kamp, Head of Southern Europe & Latin America for Private Clients, and Stephane Herrmann, CEO of Lombard Odier (Europe) SA (“LOESA”).
José Couret joined Lombard Odier in 2008 when the Firm opened its office in Spain, and has established himself as a respected executive within Spain’s private banking sector over the course of his career. He has more than 40 years of experience in the financial industry and has held relevant positions within well-known investment and private banking entities including Société Générale and BNP Wealth Management. As Senior Banker, he will maintain the close client relationships he has built over the years, whilst serving as Advisor to the Group in a new function.
The Madrid team maintains its solid structure and has recently appointed two senior bankers with a proven track record in the industry: Silvia García-Castaño as Head of Investments (Madrid) and Enrique Sanz as Head of Tax and Wealth Advisory Services.
José Couret, Senior Banker and Advisor to Lombard Odier in Spain stated: “After many excellent years serving clients and leading the Madrid office, it is time to hand over the legacy to a great colleague with a brilliant career path. I am sure that the Bank will continue along the same line of growth in Spain, as a country with great potential in the private banking industry. As Senior Banker, I look forward to continuing to work with my clients, whilst expanding my role to advise the Lombard Odier Group in Spain.”
Iván Basa, Local Managing Director of Lombard Odier in Spain added: “I am honoured to become Local Managing Director, following the successful expansion of Lombard Odier in Spain under José Couret. I am pleased to lead the local office with the support of a great team of professionals, maintaining close proximity to our clients and providing leading investment and wealth advisory services.”
Stephen Kamp, Region Head Southern Europe and Latin America stated: “With Iván Basa as new Local Managing Director in Madrid, who has worked closely with José during the last five years, we will ensure continuity in our client offering within a key market for our Group. We look forward to working with José in his role as Senior Banker and Advisor, who will continue to add value through his strong client relationships and knowledge of our Group.”
Stephane Herrmann, CEO of Lombard Odier Europe SA added: “Lombard Odier is recognised as one of the leading private banking institutions in Spain and internationally. We would like to thank José Couret for his leadership over the last 14 years, and his successful development of our Spanish franchise.”
Important information
This media release has been prepared by Bank Lombard Odier & Co Ltd, a bank and securities dealer authorised and regulated by the Swiss Financial Market Supervisory Authority (FINMA) (hereinafter "Lombard Odier"). It 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. This media release is provided for information purposes only. It 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.
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