Deutsche Bank Wealth Management appoints two senior roles to its MEA team

Bloomberg/Krisztian Bocsi

Deutsche Bank Wealth Management has enhanced its Middle East and Africa (MEA) team with two senior hires in Dubai, complementing the appointment of five relationship and investment managers in the UAE, Bahrain as well as Switzerland and the UK over the last six months.

In a statement, the lender stated that Hamza Hamza has joined the MEA team from Standard Chartered Private Bank as an Investment Manager and he will be based in the Dubai International Financial Centre (DIFC).

Additionally, Naushair Malli has joined Deutsche Bank as a Client Advisor, bringing a wealth of experience in advising UHNW clients in investment and asset management.

Omar Abdullah Abouzeid has also joined the MEA wealth management team as a Relationship Manager focusing on Saudi Arabia and he has a 14 years track record of servicing clients in the region as Investment and Relationship manager.

Deutsche Bank also appointed Murtuz Zamanly as Representative Officer in Bahrain. Zamanly has over 15 years of wealth management experience having previously worked at BNP Paribas and Credit Suisse covering UHNW Gulf Clients in Bahrain.

Similarly, as part of its efforts to strengthen its UK market Deutsche Bank appointed Marwa Alani as Head of Middle East desk based in London. Alani will be responsible for building a model advice-led wealth management business in the UK for clients with ties to the MEA region.

Earlier this year, the bank hired Ahmed Hammouda and Dion Marsden for its Saudi offshore business team based in Geneva.

Loïc Voide, Head of Wealth Management for MEA, said, “The MEA team has been contributing strongly to the growth of the global Wealth Management business at Deutsche Bank with a low double-digit percentage revenue increase year-on-year.”