Headwinds are intensifying against the country’s economy, casting doubt on whether the current mix of macroeconomic and public health policies can deliver the growth targeted.
The EU has overturned decades of defence and energy policies to respond with unprecedented sanctions. The invasion will drive Russia into recession, undermining its prospects in the short and long term.
Marc Braendlin will take over responsibility for the Bank’s Latin American markets from 1 February 2022, with the aim of strengthening and expanding the Group’s coverage of this region.
In her role at Lombard Odier, Manuela Maccia will help to develop the Group’s product offering in Europe within the Private Clients division.
He benefits from a long track record in the industry and has held various executive positions with PwC, IBM, Société Générale and Credit Suisse in Europe and Asia.