Appointment of Chris Jones and Marc Beattie as private bankers
Further expansion of the Dubai-based regional team
Increased commitment and priority to Middle East-based clients
Dubai: 28 October 2013: Nedbank Private Wealth, a leading international wealth provider and part of the Old Mutual Group, announced that it has further expanded its Middle East team by appointing Marc Beattie and Chris Jones as private bankers at their Dubai-based regional operations.
Chris Jones has over 25 years' experience in advisory and management roles within the financial services industry. Prior to joining Nedbank Private Wealth, he worked as a private banking manager at the Dubai branch of Lloyds TSB International, managing portfolios of private and high net worth clients across the GCC region. Chris holds a number of professional certifications including Advanced Financial Planning and Discretionary Investment Management.
Marc Beattie has nearly 15 years' experience in the financial services and private banking industry. Before joining Nedbank Private Wealth, he worked in a number of advisory and business development roles in Lloyds TSB International Private Bank in Dubai and Jersey since 1999. Marc holds a diploma in Regulated Financial Planning.
Greg Horton, Managing Director, Nedbank Private Wealth, said:
"Chris and Marc bring with them a wealth of local experience which will be of much value to our growing Middle East team. 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."
Andrew Bates, Head of Middle East and Asia, Nedbank Private Wealth, commented:
"I am delighted to welcome Chris and Marc who between them have over 35 years of experience in private banking, having focused on high net worth and ultra high net worth individuals in the region. 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.
In a regional environment where other international banks have recently either withdrawn or scaled back operations, these new appointments clearly demonstrate our commitment to this market and our clients, plus our belief in the growth prospects of the region."
Nedbank Private Wealth was this year voted Best International Wealth Provider for the fifth year running in the Professional Adviser International Fund and Product Awards. The Bank has also had success in this year's Euromoney awards with an outright win of the category Best Private Bank for High Net Worth Clients US$1m to US$10m, and an equal first for Relationship Management, both for the Jersey region, in the Global Award Categories.
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About Nedbank Private Wealth Limited
Nedbank Private Wealth provides comprehensive private banking, investment management and fiduciary services to a wide range of clients. These include private individuals, non-trading companies, trusts, governments and institutional investors. The gateways to its wealth management services are through offices in the UK, Isle of Man, Jersey, Dubai and South Africa. Its specialist team of staff provides objective guidance, and product and service excellence from international finance centres around the globe.
Nedbank Private Wealth is a registered trading name of Nedbank Private Wealth Limited.
Nedbank Private Wealth Limited is a member of the Old Mutual Group.
When referring to Nedbank Private Wealth Limited - please ensure that the company name is printed in full and not abbreviated.
For more information, please visit www.nedbankprivatewealth.com
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© Press Release 2013