Paris, 15 May 2019 - Omar Shokur has been appointed Chief Executive Officer Asia and Branch Manager of Indosuez Wealth Management in Singapore with effect from 1 July 2019*.
Based in Singapore, Omar Shokur will pursue our development strategy in Asia. He will report to Jean-Francois Deroche, Chief Executive Officer of CA Indosuez (Switzerland) SA. He succeeds Pierre Masclet who is taking up the role of Deputy Chief Executive Officer of Indosuez Wealth Management group as of 1 July 2019.
Jean-François Deroche, Chief Executive Officer of CA Indosuez (Switzerland) SA, commented on the appointment: “Omar has a large set of skills in business development, investment products and management that will allow us to strengthen our expansion in the region, leveraging the solid relationship we have built with our clientele. He will meet the challenges of a highly competitive market.”
*subject to approval from relevant authorities
Omar joined the Organisation team at Crédit Agricole Private Banking Services in 2001 (which became Azqore in June 2018), in charge of strategic and operational projects to support the bank’s development.
In 2007, Omar joined Crédit Agricole CIB in London where he focused on the structuring and sales of commodity derivatives. He was then in charge of commodity derivatives activities within the Capital Markets division in Geneva. Named Head of the Financial Intermediaries Department in Geneva in 2010, Omar was responsible for all activities related to this department, both in Switzerland and Asia. Since 2017, he has been Head of Markets, Investment & Structuring teams for Indosuez in Switzerland and Asia and member of the Executive Committee of CA Indosuez (Switzerland) SA.
Omar holds a master’s in mathematics from the Ecole Polytechnique Fédérale de Lausanne (EPFL), obtained in collaboration with the Massachusetts Institute of Technology (MIT) in Boston (2001). He also holds an MBA from the IMD business school in Lausanne (2006).
For further Information, please contact:
Tel: + 41 58 32 195 97
Julie de La Palme
Tel: +33 1 40 75 65 70
About Indosuez Wealth Management Group
Indosuez Wealth Management is the global Wealth Management brand of Crédit Agricole group, the world’s 13th largest bank by Tier 1 capital (source: The Banker, July 2018).
Shaped by more than 140 years of experience helping families and entrepreneurs around the globe, Indosuez Wealth Management offers a tailored approach that enables each of its clients to manage, protect and pass on their wealth according to their specific needs. Its teams take a comprehensive view and provide expert advice and exceptional service, offering a wide range of services for the management of both personal and business assets.
Renowned for its combination of a human scale and a truly international reach, Indosuez Wealth Management has 3,150 employees in 14 countries around the world, in Europe (France, Belgium, Spain, Italy, Luxembourg, Monaco and Switzerland), Asia-Pacific (Hong Kong, Singapore and New Caledonia), the Middle East (Abu Dhabi, Dubai and Lebanon) and the Americas (Brazil, Uruguay and Miami).
With €122.8 billion in assets under management (at 31/12/2018), the Indosuez Wealth Management group is one of the global leaders in Wealth Management.
About Indosuez Wealth Management in Asia
Indosuez Wealth Management has a solid foundation in Asia as a pioneering bank with more than a century old heritage, when Banque de l’Indochine opened its historic offices in Hong Kong and Singapore.
From these two locations, branches of CA Indosuez (Switzerland SA), almost 350 highly specialised wealth managers combine their knowledge of the region with the vast opportunities provided by the global network of Indosuez Wealth Management and the Crédit Agricole group.
See our approach to helping clients ensure their legacy lasts through a trilogy of highly-specialised services.
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(Wealth Management business)
At 31/12/14, in billions of euros
(Wealth Management business)
Geographical breakdown in assets under management at 31/12/14
Western Europe: 67.5%
Eastern Europe: 3.5%
Africa & Middle East: 12.1%
Latin America: 9.2%
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