UBP expands Middle East team with leadership hires

Core Insights - Union Bancaire Privée (UBP) has appointed Fahd Iqbal as the head of investment services in Dubai, aiming to enhance local investment strategies [1][2] - UBP has also appointed Joy Chammas and Mohammed Zaheer as market heads for the Middle East, focusing on client relationships and business development [3][4] Leadership Changes - Fahd Iqbal, previously the chief investment officer for the Middle East at UBS, brings extensive experience from various financial institutions [2] - Joy Chammas will concentrate on client relationships and business development, leveraging her experience in the Gulf Cooperation Council's private banking sector [3] - Mohammed Zaheer has been with UBP since 2015 and has managed client transitions following the acquisition of Coutts International [4] Strategic Focus - UBP aims to reinforce its local investment services and ensure alignment with the Global Investment Committee's strategies [1][3] - The bank emphasizes its commitment to high-quality wealth management services in the Middle East, having operated in the region for over 20 years [5] Operational Scale - UBP has approximately 100 staff globally, with over 40 based in the Middle East, managing assets exceeding SFr 24 billion for clients in the region [6]