Swiss private bank Julius Baer has appointed Regis Burger as Chief Executive Officer of Julius Baer (Middle East) Ltd, in addition to his current role as Head of Middle East and Africa, the company said on Tuesday.
The appointment is subject to regulatory approval by the Dubai Financial Services Authority (DFSA), the bank said in a statement. Burger replaces Alireza Valizadeh, who has left the firm to pursue opportunities outside the bank.
Burger has been with Julius Baer for more than 19 years, and has previously held various leadership roles including CEO of the Middle East entity and Head of Business Management for the Emerging Markets region. With nearly 26 years of experience in financial services, he has worked in major international financial hubs including Lausanne, Zurich, Geneva, Singapore and Dubai.
“Dubai is a cornerstone of Julius Baer’s strategy, offering unparalleled access to clients and opportunities,” said Rahul Malhotra, Head of Region Emerging Markets.
“With Regis leading both our regional strategy and local entity, we are well-positioned to capture the Middle East’s momentum and further reinforce our role as one of the leading wealth managers in the market.”
Julius Baer, which was the first wealth management firm to be established in the Dubai International Financial Centre, holds licence number 1 and marked its 20-year anniversary in the emirate last year. The firm has grown into one of the largest international wealth managers in the region, supported by Dubai’s strong regulatory framework and position as a global financial hub.
