Published by AsianPrivateBanker – 31st March 2015
A Julius Baer managing director has left the pure-play after nearly 10 years to cover a different region and segment.
Nayeem Khan has left Julius Baer where he was a managing director and the head of international operations based in Singapore. He has joined Qatar First Bank (QFB) as its new chief operating officer. Khan will be responsible for overseeing the Islamic bank, based in Doha, Qatar.
“Khan brings a wealth of experience and a depth of knowledge, particularly in client service operations, which will be critically important to QFB as we seek to expand our private banking and wealth offerings,” said QFB’s acting CEO Ahmad Meshari.
Khan helped build Julius Baer’s Asian franchise in Singapore and Hong Kong. He also played an instrumental roles in integrating Merrill Lynch’s private wealth business with Julius Baer. Prior to Julius Baer, Khan worked at Standard Chartered Bank and DBS where he was involved with various technology projects. He has also work for 10 years in the IT sector, taking on projects with GE.
Julius Baer’s assets under management (AUM) were US$78.7 billion at end-2014, a 9% year-on-year increase, according to this publication’s leaugue table. Julius Baer began transferring assets from Merrill Lynch’s international wealth management business in Hong Kong and Singapore in May 2013, expecting a total influx of CHF57-72 billion (US$61-78 bilion).
The integration is now complete.
Please visit AsianPrivateBanker for more news
