The Geneva-based wealth manager named a new head of its business with wealthy Middle East clientele. It is the latest in a series of hires for the private bank's new boss.
Indosuez, the private bank of Crédit-Agricole, is naming Fouad Nicolas Trad its head of Middle East, it said in an emailed statement on Monday. Trad will report to Isabelle Jacob-Nebout, the bank's head of wealth management of 13 months.
Currently CEO of Byblos Bank Europe, Trad will relocate to Dubai for the job, from Brussels. «We continue to see an increased demand from Middle East clients for highly sophisticated investment and financing solutions,» noted Jacob-Nebout, who began in the job last year.
Trad will coordinate Indosuez's wealth management activities in the wider region as well as expand the business. Before joining Byblos, he worked for Crédit-Agricole as a financial institutions banker in Bahrain.
