People Moves
Indosuez Wealth Management Names New Hong Kong Branch CEO
The new CEO takes the helm from a man who is retiring after more than 30 years at the group and who collected a lifetime achievement award from this news service last year.
Indosuez Wealth Management in Asia today said it has named Olivier Livenais as the chief executive of its Hong Kong Branch, taking effect from 1 March. He will succeed Antoine Candiotti who is retiring after more than three decades with the group.
Livenais will oversee Indosuez’s wealth management business in Hong Kong and North Asia and will report to Omar Shokur, Indosuez’s CEO for Asia and Singapore branch manager.
“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,” Shokur said in a statement.
The appointment is subject to regulatory approval from the Hong Kong Monetary Authority. He will relocate to Hong Kong from France. His 20-year career with Crédit Agricole Group (of which Indosuez Wealth Management is a part) 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 CEO of Indosuez in Miami. In 2016, he became global head of business development at Indosuez Wealth Management. His role involved leading Indosuez Group’s mergers and acquisitions activity which led to several purchases between 2016 and 2018, one of which was the acquisition of Crédit Industriel et Commercial’s (“CIC”) private banking operations in Asia in 2017.
Livenais is a graduate of Ecole Supérieure de Commerce business school, Grenoble (1998).
Candiotti won a lifetime achievement award from WealthBriefingAsia at our Greater China Awards programme in Hong Kong.
