SOURCE: Lombard International Assurance S.A.

Lombard International Assurance S.A.

November 16, 2015 05:13 ET

Lombard International Assurance Announces Senior Hire for Expansion of Swiss Operations

LUXEMBOURG--(Marketwired - November 16, 2015) - Lombard International Assurance, a global leader in wealth structuring solutions, today announces a senior appointment that will help support the company's Swiss growth strategy, a core initiative for the recently enlarged group.

In a newly-created role, Christoph Habluetzel will serve as Head of Switzerland for Lombard International Assurance, where the firm operates via its Zurich, Geneva and Lugano representative offices. He draws on his extensive experience gained over 26 years in insurance and in the wealth management industry in Switzerland working for a number of leading firms in senior, client-facing roles.

"The appointment of Christoph supports the group's strategic initiative for growth within the Swiss wealth management community, with a focus on servicing and the continued expansion of Lombard International Assurance's Swiss-based team. As one of the most competitive financial centres in the world, Switzerland is a leader in cross-border activity which matches our own core competency," said Jurgen Vanhoenacker, Executive Director of Sales, Marketing & Wealth Structuring.

He added: "Lombard International Assurance has been in Switzerland for almost 20 years and with a presence in Zurich, Geneva and Lugano, Christoph's appointment demonstrates our continued commitment to build robust and holistic client solutions with our business partners."

Christoph joins Lombard International Assurance from Coutts & Co AG where he was Head Swiss Onshore. In that role, he was responsible for developing the overall wealth activities of the Swiss onshore market, including the German and French speaking regions of Switzerland. Prior to joining Coutts & Co AG, he was Branch Manager at Merrill Lynch Bank (Suisse) S.A. Zurich Branch, responsible for the Swiss and EMEA Wealth Management activities.

At Lombard International Assurance, Christoph is charged with further developing and growing the company's wealth management activity and commercial strategy from its base in Switzerland, incorporating the German, French and Italian speaking regions.

"Lombard International Assurance has unrivalled in-house expertise which enables us to develop highly tailored wealth structuring solutions for even the most complex of client cases. With a robust presence in Europe and North America and activities in South America, I am excited to take responsibility for developing the company's strategic growth from its presence in Switzerland, a key area of expansion for our business," said Mr. Habluetzel.

About Lombard International Assurance

Lombard International Assurance is a leading life insurance-based wealth solutions provider, combining the strength and expertise of two specialist life insurance companies with over 20 years' experience and market leadership in their respective fields. Lombard International Assurance provides wealth structuring solutions using unit-linked life insurance products to high net worth individuals, their families and institutions around the globe. Lombard International Assurance is a Luxembourg insurance company subject to the Commissariat aux Assurances supervision.

The global group, branded as Lombard International, launched to market in September 2015. With head offices located in Luxembourg and Philadelphia, a combined global presence enables Lombard International to serve clients' complex needs on a global basis while being sensitive to local cultures and attitudes.

Global assets under administration are in excess of USD 75 billion with a global staff number of over 500, including more than 60 technical experts specializing in 20+ jurisdictions.

Funds managed by Blackstone own Lombard International. Blackstone is one of the world's leading advisory firms with assets under management of over USD 333 billion.

For further information about Lombard International Assurance visit: www.lombardinternational.com

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