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In awarding the prizes, the judging panel commended LGT for its growing profile and size in the region, as well as its recent recruitment of high-caliber talent. Furthermore, it pointed to the bank’s recent handling of its acquisition of ABN AMRO’s private banking operations in Asia and record of steady growth as noteworthy achievements.
This is the second consecutive year that LGT has been honored at these distinguished awards. LGT was named “Best Boutique Private Bank” in Asia overall and Dr. Henri Leimer, CEO, LGT Private Banking Asia was named “Leading Individual (Banker)” at the awards held last year.
Commenting on the bank’s latest achievement, Dr Leimer, said: “We are honored to have received these two awards. They reflect the success of LGT’s single focus on private banking and its strong client-centric approach which allows our clients to benefit from the same expertise and investment principles that are applied in the management of the assets of our owner, The Princely Family of Liechtenstein.”
The WealthBriefingAsia Awards is a prestigious annual event in the private banking calendar. The awards recognize wealth management experts, products and services from around Asia Pacific that demonstrate top-class performance and innovation, showing that they offer clients something distinct from their peers. The judging process is overseen by an expert panel drawn from both private banks and trusted advisors and consultants to the sector.
LGT has been in Asia for over 30 years with assets under administration in the region of US$65 billion as of 31 December 2017. The bank has branch offices in both Hong Kong and Singapore, employing over 800 people across the region.