Gaenor Jones, formerly head of sales, investments & takaful at the Abu Dhabi Islamic Bank, has joined the international IFA firm as part of the company’s response to growing financial industry regulation in the Middle East and elsewhere, according to Globaleye chairman Tim Searle.
“She will bolster the proposition towards enhancing the client experience and build the residual income of the company as advisers move to a salary/fee based model,” he said.
Jones has over 20 years’ experience in banking and wealth management in the UK and the Middle East.
New approach
Globaleye has recently introduced a new business model to address the moves by UAE regulators to introduce tighter rules on commission payment and new rules governing the promotion of mutual funds.
Searle described the firm’s latest appointment as setting the gold standard for the industry.
“Since 1999, Globaleye has set out to bring best advice to our clients with an onus on technology to support our proposition. We see ourselves as advocating the change that we want to see within the industry.
“Our new business model shows our clients and competitors just how seriously we take the matter of compliance and reinforces our pledge to deliver regulated financial planning advice to all our clients.”
Globaleye also recently announced the appointment of Ray Pither as global head of compliance in light of not only the UAE Insurance Authority’s new regulations but for the other operations the company has around the world.
