Indosuez Wealth Management, the global wealth management brand of Crédit Agricole Group, announces the appointment of Fouad Nicolas Trad as Global Head of Middle East.
Based in Dubai, Fouad will report within CA Indosuez (Switzerland) SA to Isabelle Jacob-Nebout, Head of Wealth Management. In his role, Fouad Nicolas Trad will lead the coordination of all wealth management activities in the region and drive Indosuez’s Middle East business, which is operated primarily by CA Indosuez (Switzerland) SA.
Commenting on the appointment, Isabelle Jacob-Nebout said: “We are delighted to welcome back Fouad Trad to Indosuez. With a 24% growth in UHNWIs over the next five years, according to Knight Frank’s latest Wealth Report 2020, the Gulf is a key market for us and Dubai is the hub for one of the fastest growing regions. We continue to see an increased demand from Middle East clients for highly sophisticated investment and financing solutions that Indosuez’s global expertise can fully meet. With Fouad’s wealth of experience, we are confident that he will help us strengthen our leading position in this important market and drive growth in the Middle East”.
Trad brings more than 30 years of experience in the banking sector to Indosuez, with most of his career within the Crédit Agricole Group, serving private and corporate clients in the Middle East. Prior to joining Indosuez, he was the CEO and Chairman of the Management Committee of Byblos Bank Europe and was based in Brussels. -- Tradearabia News Service