Swiss Wealth Giant Julius Baer Eyes Middle East Expansion: Abu Dhabi Office Incoming

liquidation_surfer · 2025-12-01T12:55:33+00:00

Julius Baer is set to launch an advisory office in Abu Dhabi's ADGM in December 2025, targeting ultra-high-net-worth clients, led by Amir Iskander. Victoria McLean will join as Chief Compliance Officer in February 2026, highlighting the firm's commitment to the region amidst growing wealth management competition.

liquidation_surfer

2025-12-01 12:55:33

Abstract generation in progress

Swiss wealth management powerhouse Julius Baer just got the green light to set up shop in Abu Dhabi’s ADGM financial hub, signaling serious ambitions in the region’s ultra-high-net-worth segment.

What’s Happening:

New advisory office launching December 2025 in ADGM (Abu Dhabi Global Market)
Led by Amir Iskander as CEO, targeting ultra-high-net-worth clients
Builds on Julius Baer’s existing UAE presence from 20 years ago

Leadership Shake-Up: Victoria McLean takes the wheel as Chief Compliance Officer (effective Feb 2026), joining the Executive Board. She brings 30+ years of wealth management experience from Goldman Sachs, where she headed EMEA private wealth and compliance operations.

Why It Matters: Abu Dhabi’s positioning as a wealth management destination is heating up. ADGM chairman Ahmed Jasim Al Zaabi emphasizes the city’s appeal to international firms—and Julius Baer’s Swiss pedigree combined with regional expertise signals confidence in the market’s growth trajectory.

Stock closed at €62.40 on Frankfurt exchange Friday.

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