Bermuda Commercial Bank Limited (BCB) has launched a new division of the company focused on providing asset management services and investment solutions to both private and institutional clients.BCB Asset Management Limited received its Investment Business License from the Bermuda Monetary Authority on April 20. BCB is focused solely on commercial, corporate and high net-worth individuals. The bank said the new asset management division is not tied to a specific investment product or investment manager and seeks to provide investment products that help clients preserve capital and manage risk.In an age where investment options are becoming increasingly complicated, the company said it is dedicated to providing clients with the knowledge to fully understand the uncertainties of global markets, help build investment solutions for their particular needs and assist them in feeling more comfortable with their decisions.Heading up the division is Lola Myshketa, BCB’s Senior Wealth Advisor. Ms Myshketa has spent 15 years working in the investment and private wealth management industry in both Europe and North America. She holds an MBA (major in Banking and Finance) from Bocconi University in Milan, Italy where she was valedictorian and earned her FMA designation from the Canadian Securities Institute.“During my professional career, I have been fortunate to work for some fine companies,” Ms Myshketa said. “But I have never been a part of an institution that is so focused on building a business model driven by the needs of its clients.”BCB’s Director and COO, Horst Finkbeiner said the company is delighted to add this division to its already comprehensive suite of services and to have Ms Myshketa leading the team.“Lola’s strong background and experience in asset management, her dedication to clients, and her ability to diversify and build solutions on a client by client basis are what will set her and the bank apart in the industry,” he said. “We are very pleased that this new division is now up and running and bringing BCB’s tradition of service excellence and client focus to the asset management market.”“We are establishing Sub-Advisory relationships with highly regarded Global Investment Managers in order to bring to Bermuda bespoke investment opportunities,” Ms Myshketa added.BCB Asset Management Limited is now the bank’s trading member and listing sponsor on the BSX.