Doha Bank has entered into a strategic alliance with ING, Amsterdam in line with its strategy to continuously improve and expand its product range catering to different customer segments. The alliance enhances Doha Bank's wealth management services considerably, via distribution of various ING products as an intermediary, custodian and shareholder servicing agent. This will enable Doha Bank private banking customers and institutional clients to have wider options for investments globally.
The signing ceremony for collaboration was held at Ritz Carlton on 7th September attended by dignitaries from Qatar and financial services sector and senior officials from Doha bank and ING. Doha bank was represented by H.E. Sheikh Abdul Rehman Bin Mohammed Bin Jabor Al Thani, Managing Director and Mr. R.Seetharaman, Acting General manager. ING was represented by Mr. Serge Rahman, Director, Financial Institutions and Mr. Carlo Venes, Regional Director - Europe and Asia, Investment management.
Sheikh Abdul Rehman expressing his happiness on the alliance said "We are happy to bring highly specialized services to Qatar through this alliance with ING. This provides a whole lot of options to our esteemed private banking high net worth and institutional clients to deploy their funds Globally and diversify their investment portfolio." Mr. Seetharaman further elaborated "In line with our strategy to provide one stop financial service solution to all segments of customers, we keep exploring global options and collaborate with institutions who are leaders in their domain. ING is a market leader in specialized global asset management services. We are extremely satisfied with the collaboration, as this enhances our offering to private banking customers and institutional clients significantly".
Mr. Serge Rahman, Director, ING said "ING is the 15th largest global institute with strong presence in 65 countries. We have extensive research capabilities and we customize solutions for individual clients. Doha bank customers can be assured of best in class services through this collaboration, as ING has proven expertise in investment management, private banking and structuring products. We will continuously look at various options to further enhance the product basket to serve Doha bank customer even better in coming days". Mr. Carlo Venes, Regional director expressed confidence that ING expertise in portfolio management, advisory services and various services will benefit Doha bank customers significantly and strengthen the alliance further.
Mr. Abdullah Asadi, Doha Bank's Customer Relationships Manager concluded, "Doha Bank is committed to provide maximum value to its customers by continuously augmenting its product range and delivery channels. ING alliance is an important step in that direction".
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© Press Release 2005
