Bloomberg also added that Coutts has plans of further additions to tap the rising demand for wealth management services in the region.
Rishi Mansukhani has been appointed as an executive director from HSBC Holdings Plc’s private banking unit and will co-lead a team in Dubai that is focused on non-resident Indians, Coutts said in an e-mailed statement.
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The others who have been appointed include Mahesh Ram who is a former ABN Amro banker, Jai Prakash Paliwal from ICICI Bank, and Amit Tyagi from HSBC.
In 2011, Coutts had announced its plans to make 20 new appointments in the Middle East, with 15 of those in its regional hub of Dubai. Currently, it has offices in Abu Dhabi, Dubai and Doha.
Meanwhile, Coutts had also hired three private bankers from Citigroup Inc. and Bank Sarasin & Cie. in February 2012 to work in the region and Geneva to serve Middle East clients, the bank had said at the time.
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