Julius Baer, the leading Swiss wealth management group and a premium brand in this global sector, today (October 22) announced the appointment of Regis Burger as its Chief Executive Officer for Middle East in addition to his current role as Head of Middle East & Africa.
He replaces Alireza Valizadeh, who will leave Julius Baer with immediate effect to pursue other opportunities outside the bank, said the Swiss group in a statement.
This leadership structure ensures seamless continuity, builds on the strong momentum, and reflects the company's ongoing commitment to client centricity, excellence, and sustainable growth across the region, it stated.
Burger has been with Julius Baer for more than 19 years and has held various roles including CEO of Julius Baer (Middle East) and Head of Business Management for Region Emerging Markets.
With close to 26 years of experience in the financial services industry, he has been based in several international financial centres including Lausanne, Zurich, Geneva, Singapore, and Dubai.
Dubai is central to Julius Baer’s regional and global growth strategy. As the first wealth management firm to be established in the Dubai International Financial Centre (DIFC), Julius Baer (Middle East) holds license number 1 and celebrated its 20-year anniversary last year.
Over the last two decades, Julius Baer in Dubai has grown into one of the largest and most established international wealth managers in the region.
The city’s position as a leading global financial centre supported by a strong regulatory framework and forward-looking vision, continues to provide Julius Baer with proximity to clients, access to regional markets and a solid platform for sustainable growth, said the statement.
Rahul Malhotra, Head of Region Emerging Markets said: "This appointment reflects our continued commitment to the Middle East and our confidence in its growth potential. Dubai is a cornerstone of Julius Baer’s strategy, offering unparalleled access to clients and opportunities."
"With Regis leading both our regional strategy and local entity, we are well positioned to capture the Middle East’s momentum and further reinforce our role as one of the leading wealth managers in the market," he stated.
"We would also like to extend our heartfelt thanks to Valizadeh for his two decades of dedication in building and strengthening Julius Baer’s presence in Dubai, and we wish him every success in his future endeavours," he added.-TradeArabia News Service
Send us your company’s news today and they could be featured on ABC’s Community News tommorow.