The asset management arm of Lombard Odier has announced the appointment of a chief operating officer.

Lombard Odier Investment Managers (LOIM) has appointed Adam Molina as chief operating officer, according to a statement. He succeeds Alexandre Meyer who was recently named a managing partner of Lombard Odier Group.

In his new role, Molina will oversee several core functions, including trading, IT and operations, fund services, legal and compliance as well as client servicing and finance. Based in London, he will join LOIM’s executive committee and report to Jean-Pascal Porcherot, head of LOIM and Lombard Odier Group managing partner.

23-Year Veteran

Molina has 23 years of experience and first joined Lombard Odier in 2007 to reestablish its New York office and launch the 1798 Alternatives business. When LOIM was formed in 2009, he took on the role as London-based head of product development. In recent years, his role has expanded to include business strategy and insights.

«Businesses often talk about the importance of developing talent and providing a mobility path, so it’s hugely rewarding to see this taking place within LOIM. Adam strongly embodies LOIM’s core values and brings great expertise and ‘one team’ spirit, as we drive LOIM’s strategic growth ambitions forward,» commented Porcherot.