Tue, Nov 26, 2019

Business, Banking & Finance
Swiss private bank Mirabaud opens Abu Dhabi office

Mirabaud, a banking and finance group founded in Geneva in 1819, in partnership with SBK Holding, the holding company of Dr Sheikh Sultan Bin Khalifa Bin Zayed Al Nahyan, Advisor to the President of UAE, has officially opened its Abu Dhabi office operations.

The new office opening and ribbon-cutting ceremony were attended by Dr Sheikh Sultan as well as senior officials from the Abu Dhabi Global Market’s Financial Services Regulatory Authority.

The newly opened subsidiary, Mirabaud (Abu Dhabi) Ltd, will offer domestic and international wealth management advisory, business development, succession planning support as well as other investment services to its clientele in Abu Dhabi and wider UAE focusing on local families, their networks, and partners.

Mirabaud has been present in the UAE since 2007, where nearly 40 employees work at Mirabaud (Middle East) in the Dubai International Financial Centre. Half a dozen employees will be based in Abu Dhabi, managed by Ronald Tamer, the CEO of Mirabaud Abu Dhabi, supported by Alain Baron, Head of Middle East North Africa Wealth Management Market at Mirabaud, and Olivier Honsberger, CEO of Mirabaud Middle East.

Yves Mirabaud, Senior Managing Partner of Mirabaud and Chairman of the Board of Mirabaud (Middle East) and Mirabaud (Abu Dhabi) said: “ We are delighted with the opening of an office in Abu Dhabi in the year of our bicentenary, as it is important for Mirabaud to get closer to its clients and partners.

“It is also an honour to collaborate with His Highness Dr Sheikh Sultan Bin Khalifa Bin Zayed Al Nahyan, with whom we have maintained excellent relations for many years and whose commitment, particularly in the humanitarian field, I greatly admire. Our 200-year legacy proves that Mirabaud is much more than a name, it is a symbol of continuity. It is also a synonym for foresight, growth, and succession,” Mirabaud said.

Dr Sheikh Sultan said: “Our families’ friendship spans many years, and reflects the philosophy of our collaboration and the foreseen future to the next generations. Mirabaud has the know-how to offer tailor-made solutions”.

Ahmed Ali Al Sayegh, Minister of State (UAE) and Chairman of ADGM, said: “We extend our sincere congratulations to the Mirabaud Group and welcome them to the ADGM family. Mirabaud is an invaluable addition to our dynamic investment and financial community and we look forward to Mirabaud expanding the available solutions and offerings to better serve the investors and business community in the UAE and MENA. As an International Financial Centre, ADGM is opened to all like-minded partners and entities seeking to achieve their business strategies and widen their footprint regionally and globally.” 

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