Lombard International Appoints John Fischer as EVP, Head of Distribution to Further Accelerate US Led Sales Initiatives

PHILADELPHIA, Feb. 26, 2018 /PRNewswire/ -- Lombard International, a global leader in wealth-structuring solutions for the institutional and high net worth markets, has appointed John Fischer to the new role of Executive Vice President, Head of Distribution for its US business. He will report to Michael Gordon, CEO of Lombard International US.

John will be responsible for business development and continuing the expansion of Lombard International's US footprint and internationally sourced Group Variable Annuity (GVAs) investments in US assets. He will lead the US sales and distribution teams, which focus on three main channels: independent agents, financial intermediaries and institutional investment managers.

Mr. Fischer has been actively engaged in developing strategic insurance solutions for over 25 years and has managed a number of business units within Lombard International that have been instrumental in its growth and development. An expert and thought leader in the industry, Mr. Fischer is frequently invited to join panels at major investment conferences to talk about the essential role that strategic insurance solutions can play in tax planning. Most recently he has engaged with single and multi-family office clients while serving as a key relationship manager for some of Lombard International's key institutional strategic accounts internationally.

Michael Gordon said: "I am delighted that John will be a part of my leadership team and will lead US sales and internationally sourced GVA business development. He has deep roots within the firm, understands the business and our partners extremely well, and has a proven track record of delivering results. He brings great vision and wisdom to this new role, and will help drive our company forward as we continue to grow our business."

John Fischer commented: "I look forward to leading the US sales and distribution teams and am excited for this new opportunity. Our company has an extremely talented team and industry-leading products, which position us well for success. Following a record year of growth, we will continue to expand Lombard International's US and global footprint by delivering innovative investment solutions to our clients."

About Lombard International

Lombard International Assurance 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.

The global group, Lombard International, launched to market in September 2015. With head offices in Luxembourg and Philadelphia, and operations in 19 markets across the United States, Europe, Asia and Latin America, we are able to provide multijurisdictional wealth planning solutions on a global basis with a deep understanding of local cultures and attitudes.

Global assets under administration are in excess of $88.7bn as of 31 December 2017. Our global team of over 600 includes more than 60 technical experts specializing in multiple jurisdictions.

Funds managed by Blackstone own Lombard International. Blackstone Group L.P. is one of the world's leading investment firms with $387 billion in assets under management as at 19 October 2017.

For further information about Lombard International visit: www.lombardinternational.com

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SOURCE Lombard International