Lombard International Announces Senior Appointment to Expand Family Office Market
November 18, 2015
Lombard International, the global leader in wealth structuring solutions, today announced the appointment of Joan Young as Senior Managing Director, Business Development. Her appointment continues the momentum of the company’s U.S. growth and expands its institutional capabilities. In her new role, Young will be charged with expanding awareness of the benefits of Lombard International’s solutions in the family office and multi-family office markets.
“Joan brings to us a wealth of relevant experience and an extensive network of long-term relationships in the family office and investment markets,” said John Tyers, Executive Vice President, Head of Institutional Sales. “Her appointment launches our United States business development operations and is a fundamental element in Lombard International’s broader plans for investment and aggressive growth in the US. With her addition to the team, we are better positioned to be the provider of choice in family offices for sophisticated wealth planning solutions.”
Young has over 20 years’ experience advising ultra-high net worth families and running multibillion dollar, complex family offices. “Lombard’s customized, sophisticated solutions for tax deferred investing and tax efficient transfer goes to the heart of what matters financially to family offices,” said Young. “In today’s environment of high taxes and lower expected returns, tax efficiency is essential to growing and preserving wealth. I am enthusiastic about educating families and their advisors about the compelling private placement life insurance options available to them.”
Prior to her involvement with family offices, Joan was a corporate lawyer at Davis Polk & Wardwell, a Managing Director in Investment Banking in Mergers & Acquisitions and Equity Syndicate at Morgan Stanley and General Counsel of Christie's, the auction house. Joan graduated from Bryn Mawr College summa cum laude and Harvard Law School cum laude.
About Lombard International
Lombard International is a leading life insurance-based wealth solutions provider, combining the strength and expertise of two specialist life insurance companies with over 20 years’ experience and market leadership in their respective fields. Lombard International provides wealth structuring solutions using private placement life insurance and annuity products to high net worth individuals, their families and institutions around the globe.
The global group, branded as Lombard International, launched to market in September 2015. With head offices located in Luxembourg and Philadelphia, a combined global presence enables Lombard International to serve clients’ complex needs on a global basis while being sensitive to local cultures and attitudes.
Global assets under administration are in excess of USD 75 billion with a global staff number of over 500, including more than 60 technical experts specializing in 20+ jurisdictions.
Funds managed by Blackstone own Lombard International. Blackstone is one of the world’s leading advisory firms with assets under management of over USD 333 billion.
For further information about Lombard International visit: www.lombardinternational.com
USA: Gabrielle Simon, Prosek Partners, firstname.lastname@example.org | +1 212 279 3115 ext. 108
UK/EU: Andrew Waterworth, Prosek Partners, email@example.com | +44 (0)20 3440 5802