Funeral set for Holborn Assets’ Ormond

A funeral service for Holborn Assets’ Reg Ormond will be held on Thursday in Liverpool at 12:30pm, the company said on Friday.

Ormond, who was managing partner of Dubai-based Holborn Assets, died suddenly on Saturday, 23 April of a heart attack at the age of 50.

A memorial services will also be held in Dubai, for those who won’t be able to attend the Liverpool service, Holborn Assets said.

A native of Liverpool, Ormond had spent the past 16 years in Dubai, where he led Holborn’s “Wealth Practice” business, which he created over the past six years, developing it to the point where it now employs some 20 people and looks after more than 1,000 clients, according to the company.

In a statement, Holborn Assets paid tribute to Ormond, who it said was “a beloved member of the expat community in Dubai” as well as “first class” financial adviser, mentor, and one of the company’s “most senior and respected managers”.

“Reg never missed an opportunity to make his team laugh,” the statement added. “He loved to see his colleagues happy and enjoying themselves.”

Ormond was also “a devout Liverpool [Football Club] fan, and the game, together with football banter, was his second love, after his soul mate [and] wife, Lenka”, whom he’d been with for 10 years but only just married four months ago, Holborn Assets said.

Robert Parker, chief executive of Holborn, said Ormond had led his team “as a true mentoring manager should”, adding: “The results of The Wealth Practice speak for themselves. He was well-loved by his clients, which marked him as a great adviser, too.

“Reg will frankly be irreplaceable in the role he carved out for himself at Holborn Assets. He will be so very sorely missed by us all.”

Ormond had been born in Liverpool in 1966, (which, the statement notes, was around the same time that the Beatles were becoming famous and “putting his home town firmly on the map”).

Prior to joining Holborn Assets in 2010, he had spent 11 years with Mondial in Dubai, and before that, had been with Sedgwick Noble Lowndes in the UK.

He is survived by his wife, mother, and three sisters.

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