After operating in in the UAE since 2007, Mirabaud Group has bolstered its presence with the opening of a private banking subsidiary in Abu Dhabi.
The office, Mirabaud (Abu Dhabi), will offer domestic and international wealth management advisory, business development, succession planning services as well as other investment services to its clients in the region and across the country.
The private banking operation will also cover structuring and facilitating the transmission of private wealth; consolidating and reporting assets; and advising on acquisition, merger or sale of investments.
The subsidiary is regulated by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM).
The bank’s other operation in the UAE, Mirabaud (Middle East), is based in the Dubai International Financial Centre (DIFC).
Great next step
Ronald Tamer has been appointed chief executive of Mirabaud (Abu Dhabi), he was previusly head of business at Al Khaliji France bank until April 2019.
He will be supported by Alain Baron, head of Mena wealth management market at Mirabaud, and Olivier Honsberger, chief executive of Mirabaud (Middle East).
Baron, a newly appointed limited partner of the Mirabaud Group, said: “We are developing niche services and products that meet the expectations of our local clients using our global expertise reinforced by the bank’s 200-year legacy.
“We have always believed in the Middle East region and our Abu Dhabi office expansion is the great next step in further growing our international presence.
“We will be closer to our friends and clients to support them through any new challenges.”
