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Arbuthnot Latham opens Dubai office

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Arbuthnot Latham has marked the official opening of its new international office in Dubai with a ribbon-cutting ceremony performed by The Governor of the Dubai International Financial Centre, Abdulla Mohammed Saleh.

The private banking and wealth management arm of the Arbuthnot Banking Group has also made further senior appointments to its Dubai operation.
 
The ribbon-cutting ceremony took place at Arbuthnot Latham’s Dubai office located in the prestigious Gate Precinct of Dubai International Financial Centre (DIFC) where guests included Edward Hobart, Her Majesty’s Consul General to Dubai, Douglas Dowie, advisor to the Governor of DIFC and Omar Al Hammadi, head of the Governor’s Office, DIFC.
 
Arbuthnot Latham’s chief executive James Fleming says: “This is another landmark in Arbuthnot Latham’s history – a history which can be traced back to its establishment in 1833. We chose Dubai as our first international office due to our extensive knowledge and experience of the region and a genuine need in the local market for exceptional private banking and wealth management services.
 
“Arbuthnot Latham’s client proposition includes a full range of services covering private banking, investment management and wealth planning solutions, which focus clearly on the clients and their needs and aspirations, I am sure that we will experience an increasing level of success with our first international venture.”
 
Saleh says: “DIFC has served as a platform for a number of UK-based firms to service clients across the Middle East, Africa and South Asia. We are delighted to welcome Arbuthnot Latham to Dubai and to the growing network of financial and professional services firms based in DIFC, and look forward to contribute to the firm’s growth and global expansion.”
 
Arbuthnot Latham has also appointed four key senior bankers to support their Dubai operation. Paul Donovan and Kieran McDonnell, formerly of Coutts, have been appointed as directors and Giles Hanson and Peter Casey, formerly of HSBC and Barclays, have been appointed as associate directors.
 
In addition, Clare Doyle, Frances White and David Smith have been appointed as Private Banking Executives to support client and banking operations for the Dubai office.
 
Arbuthnot Latham Dubai’s managing director Paul Millar says: “This has been an eventful week in the history of Arbuthnot Latham with the official opening of the operation in Dubai and the announcement of further key appointments to the Dubai team. We have ambitions to grow and expand our private banking business in the Middle East and we will be announcing some other key appointments in the months ahead.”

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