The chief executive of SEB is set to join Lombard Odier as a managing partner, amid several changes to the senior ranks at the Swiss asset and wealth manager.

Annika Falkengren, currently president and CEO of Nordic bank SEB, will join Lombard Odier's Geneva office in July, according to a January 16 statement. Falkengren joined SEB in 1987 and was appointed to her current role in 2005. She is also chairman of the Swedish Bankers' Association.