The problem we address in this paper is the design of a quantizer that in comparison to the classical fixed-rate scalar quantizers provides more sophisticated bit rate reduction while restricting the class of quantizers to be scalar. We propose a switched variable-length code (VLC) optimal companding quantizer composed of two optimal companding scalar quantizers, the inner and the outer one, both designed for the memoryless Gaussian source of unit variance. Quantizers composing the proposed quantizer have a different codebook sizes and a different compressor functions. Particularly, we assume a smaller size of the inner quantizer's codebook in order to provide assignment of the shorter codewords to the high probability low amplitude speech samples belonging to the support region of the inner quantizer. We study the influence of codebook size of the inner and the outer quantizer on the Signal to Quantization Noise Ratio (SQNR). In such a manner the conclusion of the proposed quantizer significance in speech compression is distinctly shown in the paper. For the proposed quantizer model and its forward adaptive version the SQNR robustness analysis in a wide variance range is also presented in the paper. It is shown that our multi-resolution quantizer can satisfy G.712 Recommendation for high-quality quantization at the bit rate of 6.3 bit/sample achieving the compression of 1.7 bit/sample over the G.711 quantizer.