Lombard Odier has appointed Vincent Duhamel as chairman of the Asia board of Lombard Odier. Duhamel will relinquish his Asia chief executive position on July 1.

Vincent Magnenat has been appointed chief executive officer of Asia, in addition to his current role as chief executive officer of the Singapore office. Magnenat will continue to maintain oversight of the Asia private banking business from Singapore.

Europe-based managing partners, Hubert Keller and Hugo Banziger, will remain members of the group’s Asia board.

The appointments are part of Lombard Odier’s changes to its management structure in Asia, which is part of its planned leadership transition. Lombard Odier has offices in Singapore, Hong Kong, and Tokyo, where it specialises in managing private client and institutional wealth.