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Schroders subsidiary hires wealth director, while global firm names head of Middle East Benchmark Capital The Schroders subsidiary has named Ed Dymott as managing director for wealth. In the newly created role, he will be responsible for overseeing the financial planning and advice proposition across the group and will lead the firm’s ‘best practice’ network. Dymott was previously at Aegon, where he served as managing director for transformation, innovation and growth. Indosuez Wealth Management Fouad Nicolas Trad will become global head of Middle East at the wealth manager. He will be based in Dubai and lead the coordination of all wealth management activities in the region. ....
Gibraltar-headquartered firm bolsters Middle East operation, as asset manager names UK chief executive Sovereign Group The firm has made changes to its operations in Dubai, Bahrain and Saudi Arabia. Nicholas Cully, who also sits on the group board of the Sovereign Group as sales director, will be stepping down as managing director of Sovereign’s Dubai office on the 1 December 2020 after five years in the role and over a decade in the Emirate. He will be relocating to Zug, Switzerland, in March 2021, where he will concentrate on developing business in central Europe and on managing the group’s global sales efforts in Europe, Africa, the Middle East and south east Asia. ....