Abu dhabi: UBS bank has opened an advisory office in Abu Dhabi's ADGM, marking its second office in the UAE. UBS said the new office reflects its strategic vision to further expand its presence in one of the world's most dynamic and fastest-growing finance and wealth hubs.
According to Emirates News Agency, Abu Dhabi is recognised as a leading centre of investable wealth in the region, having become a preferred destination for ultra-high-net-worth individuals, corporates, investors such as sovereign wealth funds, and family offices seeking sophisticated financial solutions and trusted advisory services within the region's growing ecosystem.
Beatriz Martin, President of UBS EMEA, expressed that with a strengthened presence in the country, UBS is well positioned to continue driving growth and delivering the full value of its One Bank offering to clients in Abu Dhabi and across the region.
Christl Novakovic, Head of UBS Global Wealth Management EMEA, stated that the Middle East is a region of extraordinary growth and opportunity. Opening the advisory office in ADGM is a testament to UBS's deep-rooted belief in the potential of the region and its unwavering commitment to clients there.
Arvind Ramamurthy, Chief of Market Development at ADGM, emphasized that UBS's presence highlights ADGM's status as a leading hub for global wealth management and family offices.