Lombard International Group, the global leader in wealth and succession planning solutions for high net worth individuals, families and institutions, announces the appointment of Michael Gordon as Group Chief Operating Officer (COO), in addition to his existing role of Chief Executive of the US business. The role of Group COO is newly created and includes the Global Office of Technology and Transformation.
Following Stuart Parkinson's appointment as Lombard International Group's Chief Executive Officer (CEO) on 1 April 2020, Mr. Gordon's appointment builds upon a strong year for Lombard International's US business, notably a 25% year-on-year growth in new business premium income. Michael was directly responsible for implementing an enhanced partnership model, leveraging the unique technical expertise and flexible operating capabilities of Lombard International's US team.
With over 20 years of experience in the investment and insurance industry, Michael will lead the operational and digital strategy for the Group. He joined Lombard International in May 2016 as Chief Executive Officer in the US.
Stuart Parkinson, Group CEO, commented: "I'm delighted to appoint Michael as Group Chief Operating Officer. To support our ambitious growth plans, and build upon the successes of recent years, we need to have robust and scalable operations and technology platforms. Michael's track record of new business growth, coupled with his investment and operational expertise, means he is perfectly suited to developing a cohesive, coherent and scalable digital strategy tailored to the needs of each of our markets across the globe."
Michael Gordon, CEO US and Group COO, added: "In a globally connected world, where wealth is becoming more mobile and many of our clients have multi-jurisdictional needs, it is important that Lombard International continues to innovate so as to lead the way as the premier provider of wealth and succession planning solutions. I'm looking forward to working with all teams across the business, including front, middle and back offices, to foster improved collaboration across the company and bring in greater automation to support Lombard International's global clients and growth plans."
About Michael Gordon, CEO US and Group COO
Michael Gordon joined Lombard International Group in May 2016 and is the Chief Executive Officer in the US and Group Chief Operating Officer.
Prior to joining Lombard International, Mr. Gordon served as the Global Head of Insurance Solutions at BNY Mellon Investment Management. Prior to BNY Mellon, he was an executive at New York Life Insurance Company, leading investment and insurance product management, including sales and marketing, actuarial, operational, and technology functions, as well as overseeing the Broker Dealer and the Registered Investment Advisor for the U.S. life insurance business.
Mr. Gordon earned his B.A. in Philosophy from Colgate University and also completed heavy coursework in mathematics.