Mubashar Ayoob

Mubashar Ayoob was appointed Head of Deutsche Bank Wealth Management's Gulf region business in April 2019. He is a seasoned private banker with 23 years of industry experience gained at Merrill Lynch and UBS. Based in Dubai, Ayoob is responsible for leading a team of wealth managers across the Middle East, as well as Geneva and Frankfurt.

Ayoob earned a Bachelor of Science in Marketing from Southeastern University in Washington. He graduated in 1996 and joined Merrill Lynch as a Financial Advisor in the London office, overseeing hundreds of millions in assets under management over six years. He subsequently moved to UBS as a Director and Senior Client Advisor, where he participated in extensive wealth management training and utilized his marketing experience to expand the firm's high net worth client base through cold calling, networking and referrals.

He joined Deutsche Bank in Dubai in October 2011 and was highly instrumental in driving the growth of Deutsche Bank Wealth Management's business in the Gulf region. In his role, Ayoob joined Deutsche Bank's Dubai International Financial Centre (DIFC) Executive Committee and its United Arab Emirates (UAE) Executive Committee.

Career History

• Senior Vice President of Investments, Global Wealth Management Division, Merrill Lynch (Dubai and London offices)
• First Vice President of Investments, Merrill Lynch (London)
• Director and Senior Client Advisor, UBS
• Wealth Management professional, Deutsche Bank (Dubai, 2011-2019)
• Head of Wealth Management for the Gulf, Deutsche Bank (2019-present)

What Mubashar Ayoob could bring to his role as Head of Wealth Management for the Gulf at Deutsche Bank: With nearly three decades of private banking experience and demonstrated success scaling operations across multiple jurisdictions, Ayoob brings deep expertise in managing ultra-high-net-worth relationships and building high-performing teams. His leadership has been instrumental in positioning Deutsche Bank to increase assets under management by 50% over three years, and his regional presence across Dubai, Geneva, Bahrain, and Frankfurt enables him to coordinate sophisticated wealth solutions for Gulf-based family offices and entrepreneurs.