UBS Saudi Arabia appoints Desk Head for Wealth Management in Riyadh

Joining from Samba's private bank, Mr. Soufi brings to UBS more than 25 years of experience covering the Saudi market.

  

Riyadh: -UBS today announced that Ghassan Soufi is joining the world's leading wealth manager as the new Desk Head for UBS Saudi Arabia in Riyadh.

Joining from Samba's private bank, Mr. Soufi brings to UBS more than 25 years of experience covering the Saudi market. In his new role, he will help shape and lead a team of senior advisors to some of the most important clients and families in the Kingdom. He will play a key role in UBS Global Wealth Management's ambitious growth plans for this strategic market and location.

Mr. Soufi holds a Bachelor's Degree in Computer Science and an MBA from George Washington University in the US.

Ali Janoudi, Head of Wealth Management for Central and Eastern Europe, Middle East and Africa, and UBS Saudi Arabia Vice-Chairman, said: "We are delighted that Ghassan Soufi will bring his in-depth market knowledge to our team at UBS. He will help us drive growth and further his successful track record of building excellent client relationships in the Kingdom."

UBS' Head of Wealth Management Saudi Arabia, Abdallah Najia, added: "Ghassan will be crucial in identifying and hiring top talent locally and leading our on-shore client acquisition strategy. We are excited to welcome him to our team."

Mr. Soufi joins UBS Saudi Arabia on 15 September and will be based in Riyadh.

  About UBS

UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. UBS' strategy is centered on our leading global wealth management business and our premier universal bank in Switzerland, enhanced by Asset Management and the Investment Bank. The bank focuses on businesses that have a strong competitive position in their targeted markets, are capital efficient, and have an attractive long-term structural growth or profitability outlook.

UBS is present in all major financial centers worldwide. It has offices in 52 countries, with about 34% of its employees working in the Americas, 34% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 14% in Asia Pacific. UBS Group AG employs approximately 61,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

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