Nedbank Private Wealth, a South African based wealth manager and part of the Old Mutual Group, has bolstered its Middle East team with the appointment of Marc Beattie and Chris Jones as private bankers at their Dubai-based regional operations, according to Zawya.
Jones, with 25 years of industry experience in advisory and management roles has most recently worked as a private banking manager at the Dubai branch of Lloyds TSB International, where he was responsible for managing portfolios of private and high net worth clients across the GCC region.
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Beattie, with almost 15 years’ experience in the financial services and private banking industry has most recently worked in a number of advisory and business development roles in Lloyds TSB International Private Bank in Dubai and Jersey since 1999.
Greg Horton, managing director, Nedbank Private Wealth, said: "They will help to further develop our award-winning range of wealth management and fiduciary services across the region.
"As part of our international strategy, it is critical for us to strengthen our physical presence in the dynamic Middle Eastern markets. These appointments are a testimony to our commitment to present and prospective clients across the region.
Our team is continuously developing key relationships with both local and expatriate clients by supporting them with their offshore banking, investment and fiduciary requirements," Horton added.
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By GlobalDataAndrew Bates, head of Middle East and Asia, Nedbank Private Wealth, said: "With this knowledge, they are looking forward to further building and strengthening the bank’s valuable client relationships in the Middle East, and offering easier access to our locally-based clients."
