LGT was shortlisted for two categories, including Best Pure-Play Bank. Showcasing 'best of breed' providers in the global private banking, wealth management and trusted advisor communities, the awards were designed to recognize companies, teams and individuals which the prestigious panel of judges deemed to have 'demonstrated innovation and excellence during 2015'.
Commenting on the award, Dr Henri Leimer, CEO of LGT Private Banking in Asia, said: "We are delighted to be recognized as the best private bank for client servicing in the region. This is testament to our business approach with a strong client focus and a long-term orientation, as well as the recognition of our year-long achievements in terms of providing the best services to our clients. We will continue to provide our clients a high degree of stability, which is highly valued in today’s challenging markets."
LGT has been one of Asia's fastest growing private banks in recent years, with an impressive compound annual growth rate in asset under management of 17 percent since 2008. With a pool of talent based across booking centers in Hong Kong and Singapore, it aims to share with clients the wealth planning expertise acquired by the owner family – a family that has preserved its wealth for over 30 generations.