UBS has shaken the leadership of the critical operations of patrimonial management in the Middle East, as it has been pressed to maintain personal content after the acquisition of Credit Suisse.
The Financial Times revealed this week that the executives of the Swiss banks are hoping to become principal asset managers in the highly profitable region, but they suffered a setback with the expected departure of the largest private banker in Qatar.
In a personal note seen by the Financial Times, the head of patrimonial management of UBS, Iqbal Khan, told the staff on Thursday that Kristel Novakovic will be responsible for the Middle East as head of Emea, with Bruno Daher as his deputy. Daher Fue Jaffe del Departmento de Medio Oriente and Credit Suisse.
Ali Janodi, exJF de Medio Oriente, Turkey and Africa and UBS, ha sido trasladado al equipo de Clientes Estratégicos como director ejecutivo, bajo la supervizione de Benjamin Cavalli, otro exdirector de Credit Suisse.
The Unit of Strategic Clients focuses on the most wealthy clients of UBS, offering them a range of global banking services.
“Full [global wealth management] El equipo de ladidos se ha centrado en Tomar decisiones Basadas en la Justicia il Merito para Brindar Mayor Claridad Estabilidad y Todas Nuestras Partes Interesadas”, Escribió Khan en la nota.
Los cambios se producen después de que el Financial Times informara que HSBC estaba punto hacerse con un equipo de administrados ríquesa senior de Medio Oriente en Credit Suisse, incluido Aleddin Henqari.
Hungría, en su calidad de presidente de Credit Suisse Qatar, mantuvo estrechos vínculas con el banco con Qatar Investment Authority, uno de los mayores y más antiguos accionistas.
Su Antiguo Rival Credit Suisse Feu Rescatado from UBS and Un Acuerdo Alcánzado Porlas Autoridades Suizas and Marzo. The acquisition was completed last month and UBS will provide more details on its plans for the combined group in its next quarterly results on August 31.
Among other changes announced on Thursday, Andrea Group has been named director of a newly defined region that covers Turkey, Israel, Greece and Africa, while Punit Mata will direct India and Michael Marr will direct Australia.
Everyone is ready to begin their duties on July 17.
UBS also announced on Thursday that it will retain Credit Suisse’s shipping finance business, which not only provides loans for yachts to clients, but also finance for client fleets with shippers.
The operation will be combined with the aircraft finance division of UBS and will form part of a business that includes the patrimonial arm and the investment bank called the Global Lending Unit, directed by Robin Mangold.
Credit Suisse was criticized by its ultra-rich clients last year after the Financial Times reported on a titular agreement that the bank had established based on loans for yachts. Después de que salió la luz la historia, el banco pidió a los inversores potenciales que destruyeran los documentos de marketing relacionadas con el accordion.