Edmond de Rothschild Private Banking Activities has cultivated robust relationships throughout the Middle East over the past decade. Recruiting well-known professionals is part of the group’s development strategy, which aims to significantly grow its presence and client base in the MEA region.
The firm additionally added that the Group will focus on the quality of its services and its principled investment offer that reflects the needs of clients in the region with notably a very significant range of investments in Private Equity and Real Estate.
According to the firm’s sources, Saman Habibian was Head of Middle East at Bank Pictet in Zurich. Prior to joining Bank Pictet in 2019, Saman worked for Bank Julius Baer from 2010, notably as Head of GCC International, then successively as CEO Julius Baer Bahrain and Deputy Global Head Middle East & Africa.
Edmond de Rothschild also added further that Manuel Sturm was Chief of Staff for the Middle East and Africa region at Bank Pictet in Zurich. Prior to that, he was Head of the Business Management of Region Emerging Markets team at Bank Julius Baer.
Michel Longhini, CEO of Private Banking, commented: “We’re thrilled to welcome two experts with more than 20 years of experience in the region to support our ambitions. These hires will allow us to expand our services to clients in the booming Middle East market.”