Investec, a prominent international bank and wealth manager, has announced the opening of its office in the Dubai International Financial Centre (DIFC), enhancing its unique offerings in the Gulf region.
This strategic expansion allows Investec to connect high-net-worth clients, family offices, and financial institutions in the Gulf Cooperation Council (GCC) with a range of advisory and arranging services, including private banking, wealth management, and corporate banking.
The new office will leverage Investec’s strong Swiss banking heritage and resources, facilitating superior services and investment processes tailored to the regional market. With established operations in South Africa, the United Kingdom, and other key global locations, Investec aims to enhance its accessibility and client engagement within the GCC.
DIFC serves as a critical hub for financial services, housing over 6,000 companies, including more than 230 banks and 400 of the world's leading wealth and asset managers. Its strategic location and robust regulatory framework make it an ideal platform for Investec to expand its operations and cater to a diverse clientele.
Cumesh Moodliar, CEO of Investec Bank Limited, highlighted the growing number of high-net-worth individuals in Dubai and the Gulf, emphasizing the region's potential for growth and connectivity. Salmaan Jaffery, Chief Business Development Officer at DIFC Authority, welcomed Investec, noting that DIFC offers access to over USD 3 trillion in private wealth within a short flight.
Darryn Solomon, Senior Executive Officer of the Investec DIFC office, expressed the bank’s commitment to delivering exceptional service and creating lasting value for clients in the evolving financial landscape.
News Source: Dubai Media Office
