Swiss private banking firm Lombard Odier has made two senior appointments to its Asia-Pacific team.

Fred Horsey has joined as co-chief operating officer and general counsel, while Christophe Morel, who has been part of Lombard Odier group’s internal audit unit, will relocate from Geneva to become the chief risk officer for the Asia-Pacific team on 1 September this year, the bank said in a statement late yesterday.

The two men will be Hong Kong-based and report to Vincent Duhamel, head of Lombard Odier Asia-Pacific. Both positions are newly created roles, it said.

“In the past two years we have expanded our services to clients and more than doubled our presence in the region. Fred and Christophe bring energy, insights and expertise in operational and internal development and their appointments significantly enhance our ability to add value for clients,” Duhamel said.

Lombard Odier has been present in Asia for more than 25 years with offices in Hong Kong, Tokyo and Singapore and has partnerships with JBWere in Australia and KB Kookmin Bank in South Korea.

Horsey has lived and worked in Asia for over 15 years. He brings experience across operations, product development and regulatory affairs. Horsey manages overall finance, operations, legal & compliance and human resource processes at Lombard Odier Asia-Pacific. Prior to joining Lombard Odier, Horsey held similar roles at Barclays Global Investors and Janus Capital. In addition he was the head of product development at JPMorgan Asset Management in Asia for seven years.

Morel has been with Lombard Odier since 2000 and is relocating to Hong Kong from his current position of senior vice president of Lombard Odier group’s internal audit department in Geneva. He has managed governance, audit and internal controls for the firm in both Europe and Lombard Odier Investment Managers in the US. Before joining Lombard Odier he held internal auditing positions at HSBC Republic Bank and UBS.