Investec will offer its clients advisory and arranging services in private banking, wealth and investment management, and corporate and investment banking
Investec has opened an office in the Dubai International Financial Centre (DIFC), it said on Wednesday, 25 September 2024, in a bid to access deep pools of wealth from wealthy families and individuals in the region.
Investec will offer its clients advisory and arranging services in private banking, wealth and investment management, and corporate and investment banking, Cumesh Moodliar, Chief Executive Officer of Investec Bank Limited said.
The Investec group operates in two anchor geographies, South Africa and the United Kingdom, as well as the United States, Ireland, the Channel Islands, Mauritius, India and Continental Europe.
Darryn Solomon has been appointed Senior Executive Officer of the DIFC office. He was previously Investec's Global Head of Financial Institutions Group for over a decade before taking up his new post.