Mr. Albert will report directly to John Hillman, Group Chief Executive and Mr. Pinto will report to Axel Hörger, CEO Europe, as well as to Florent Albert.
Rui Pinto’s appointment comes as Lombard International seeks to further consolidate its leading position in the European insurance-based wealth solutions market. Mr. Pinto will join the European leadership team and oversee all day-to-day financial operations of the European business, leading the financial reporting to management, shareholders and regulators while ensuring efficient risk control.
The appointment will allow Florent Albert to focus on the firm’s global financial operations and growth plans.
Rui brings a wealth of experience that will be vital to Lombard International Assurance
Axel Hörger, CEO of Lombard International Assurance, said: “Rui brings a wealth of experience that will be vital to Lombard International Assurance as we continue to grow our presence across Europe. I welcome Rui and look forward to working with him as he joins our European leadership team.”
A dedicated European Chief Financial Officer is fundamental to managing the complexities of a shifting regulatory landscape while meeting the highest reporting standards
Florent Albert, Global CFO, added: “A dedicated European Chief Financial Officer is fundamental to managing the complexities of a shifting regulatory landscape while meeting the highest reporting standards. Rui is perfectly placed to help Lombard International Assurance navigate these challenges while we continue our growth in Europe.”
Rui Pinto, European CFO of Lombard International Assurance, commented: “Lombard International Assurance occupies a strong position in a rapidly changing industry. I am thrilled to be joining the company at such an exciting time.”
Mr. Pinto joined from iptiQ Life SA in Luxembourg, a Swiss-Re company, where he held the position of CFO. Prior to this he spent almost a decade with Swiss Life Global Solutions, most notably as Head of Finance. He began his career at PwC Luxembourg.
About Lombard International
Lombard International is a leading life insurance-based wealth solutions provider with over 25 years’ experience. We have the strength and expertise to provide wealth structuring solutions using unit-linked life insurance to ultra-high net worth individuals, their families and institutions around the globe.
With head offices in Luxembourg and Philadelphia, and serving over 20 markets across the United States, Europe, Asia and Latin America, we are able to provide multi-jurisdictional wealth planning solutions on a global basis with a deep understanding of local cultures and attitudes.
Global assets under administration are in excess of €44.9bn ($51.0bn) as of 30 June 2019. Our global team of over 500 includes more than 60 technical experts and over 100 client services professionals specializing in multiple jurisdictions.
Funds managed by Blackstone own Lombard International. Blackstone is one of the world’s leading investment firms with $545 billion in assets under management as of 30 June 2019.
For further information about Lombard International visit: www.lombardinternational.com