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Private Banking Market Update October 2021

Latest changes at the world's leading private banks throughout October 2021

Bank J Safra Sarasin

  • Nabil TRABOULSI, BNP Paribas, Head of Middle East & Africa, Geneva, has joined as Head of Middle East & Africa, Switzerland

Bank of Singapore

  • Mustafa SINNO, DBS Bank, Senior Director, Dubai, has joined Singapore as an Executive Director, Private Banking, Dubai
  • Syed Mehdi ISHTIAQ, Standard Chartered, Director, Priority & International Bank, Dubai, has joined as a Director, Dubai

BNY Mellon

  • Rajesh NAKADI, UBS, Senior Vice President, Private Wealth/Global Family Office, New York, has joined as Head of Investments, Global Family Office, New York

Citi

  • Chia Pei JET, JP Morgan Private Bank, Global Investment Specialist & Team Leader for Indonesia, has joined as Managing Director and Investment Counsellor Team Leader for Singapore & Malaysia UHNW, Singapore

Deutsche Bank

  • Tse YI-MUN, HSBC, Market Head of Hong Kong, has joined as Managing Director and Group Head of North Asia, Singapore. She will report into Kanas CHAN, Head of Wealth Management North Asia
  • Faye LEE, Bank of Singapore, Managing Director, Private Banking, has joined as Managing Director, South-East Asian Coverage, Singapore
  • Ertug Ali AYDIN, UBS, Executive Director, Relationship Manager, London, has joined as a Director covering Emerging Europe out of London

Goldman Sachs

  • Shrooq Abualif ALMUHAID, Investcorp, Senior Partner, Saudi Arabia, has joined as Managing Director and Head of Private Wealth Management Saudi Arabia, Dubai
  • Jean-Pierre COMATY, formerly Deutsche Bank, Director, Head of Global Investment Solutions & Wealth Management Advisory, Dubai, has joined as a Executive Director, Dubai
  • Cedric DELEAMONT, UBS, Executive Director, Relationship Manager, Global Family Office, Middle East & Africa, Geneva, has joined as an Executive Director as part of the Private Wealth Management division, Geneva
  • Jerome LAUBER, UBS, Director, Wealth Management, Geneva, has joined in an equivalent role, Geneva
  • Yousef ALHOZAIMY, Investcorp, Principal, Placement & Relationship Manager, Riyadh, has joined and will focus on Riyadh and Saudi Arabia’s Eastern Province, Dubai
  • Khalid SOUFI, Investcorp, Vice President, Riyadh, has joined and will focus on the Western region of Saudi Arabia, Dubai

JP Morgan

  • Paul DEAN, NBK Banque Privee, Executive Director, Geneva, has joined in an equivalent role

Julius Baer

  • Yvan WICHT, Deutsche Bank, Managing Director, Global Head of Investment Advisory Middle East & Africa, Geneva, has joined in a similar role
  • Thorsten HARTMANN, Credit Suisse, Head of Private Banking for HNWI Basel, is joining as Head of Julius Baer Basel, he will replace Claude SCHAROWSKI
  • Kevin TAY, Sequent Group, Head of Asia, Singapore, has re-joined as Head of Wealth Planning and Family Office Services, Singapore. He will report into Eleanor YUEN, Head of Wealth Planning & Investment Finance for Asia Pacific, and Jason MOO, Head of Private Banking, Southeast Asia and Branch Manager, Singapore

Pictet

  • Boris COLLARDI, Managing Partner, Zurich, has left
  • Saman HABIBIAN, Managing Director, Head of Zurich Middle East, Zurich, has left
  • Manuel STURM, Chief of Staff, Middle East & Africa Coverage, has left

Standard Chartered Bank

  • Vinay GANDHI, Bank J Safra Sarasin, CEO of Singapore and Deputy CEO of Asia, Singapore, has joined as Regional Head for ASEAN and Global Head of the Global South Asian Community, Private Banking, Singapore
  • Ozlem OZDEMIR, DOME Group, Chief Operating Officer, London has joined as an Executive Director, Private Banker, London

UBS

  • Valeria WERTHMANN, UBS, Director, Advisory & Sales, GFO Russian & CSEE, Zurich, has been appointed as Head for HNW Russia/CIS succeeding Andrea KRESSBACH
  • Nazanin DANAI, Banque Bonhote & Cie, Assistant Private Banker, Geneva, has joined as a Client Advisor, Lausanne

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