Monday, 27 May 2024

Indosuez wealth management in Asia appoints Olivier Livenais as CEO of Hong Kong branch

5 min read

 Indosuez Wealth Management in Asia  announced the appointment of Olivier Livenais as Chief Executive Officer of Indosuez’s Hong Kong Branch, effective 1 March 2020.  Olivier Livenais succeeds Antoine Candiotti who is retiring after a distinguished record of more than three decades within the Group.  

Olivier Livenais will oversee Indosuez’s wealth management business in Hong Kong and North Asia and will report to Omar Shokur, Indosuez’s Chief Executive Officer Asia and Singapore Branch Manager.

Omar Shokur said: “Olivier comes to Asia with a broad expertise in strategic business development complemented by hands-on experience in wealth management. I am confident that his exposure to the European and Americas markets will prove invaluable since we provide advice and services to clients who have an increasingly global outlook about their investments. His deep expertise and agility will also enable him to steer Indosuez through the competitive business landscape in Hong Kong, as well as North Asia.”

He continued: “Antoine has been a great asset to the Bank and spearheaded our expansion in North Asia. His strong track record in private banking and keen insights on the needs of high net worth clients have resulted in the bank forging trust and enduring relationships with them across generations.”

About his new role, Olivier Livenais, said: “Asia is a key market for Indosuez Wealth Management. We are confident about the wealth management potential in Hong Kong and North Asia, where our clients receive best-in-class investment advice from our highly experienced teams.”

Olivier Livenais, whose appointment is subject to the approval of regulator, the Hong Kong Monetary Authority, will relocate to Hong Kong from France. His 20-year career with Crédit Agricole Group began in 2000 at the General Inspectorate. In 2007, he moved to Indosuez Wealth Management as Finance, Risk and Strategy Director.

In 2013, he was appointed Chief Executive Officer of Indosuez in Miami. In 2016, he became Global Head of Business Development at Indosuez Wealth Management. Based in Paris, he contributed to the mapping of the strategic plan of Indosuez group and implementation of initiatives aimed at increasing the take-up of high value-added offerings to clients. In addition, he was also in charge of Indosuez Group’s mergers and acquisitions activity which led to several successful acquisitions between 2016 and 2018, one of which was the acquisition of Crédit Industriel et Commercial’s (“CIC”) private banking operations in Asia in 2017.

Olivier Livenais is a graduate of Ecole Supérieure de Commerce business school, Grenoble (1998).

Re-disseminated by The Asian Banker

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