UBS Global Wealth Management Group is focusing on customer needs and requirements following the acquisition of Credit Suisse. To achieve this, the group is modernizing its regional operations and strengthening its work teams in the Middle East region. This includes the appointment of three employees in senior executive positions alongside other administrators.
Rana Al-Imam, who previously served as the head of private banking at HSBC in Abu Dhabi, has been appointed as the head of UBS business development in the UAE capital. Basil Al-Zouk, former CEO and head of Deutsche Bank’s operations in Saudi Arabia, will be managing local wealth accounts in the Kingdom. He will work closely with Tom Enyeke, head of international business, to drive growth in UBS’s global wealth management business in Saudi Arabia. Additionally, Ali Khunji, who previously held the position of Head of Wealth Management and Personal Banking at HSBC, will now serve as a development officer for the wealth management business portfolio in Bahrain and the Eastern Province.
Nils Zilkens, Head of Wealth Management, Middle East, expressed his enthusiasm for the new appointments, stating that their professional backgrounds and local expertise will further strengthen UBS’s presence in the Middle East. He believes that together, they will be better positioned to accelerate the growth strategy and achieve the ambitious goals set for the group.