Julius Baer Strengthens Middle East Operations With Abu Dhabi Expansion and Senior Compliance Executive Appointment

ResearchChadButBroke · 2025-12-26T01:36:06+00:00

Julius Baer Gruppe AG is enhancing its Middle East presence by appointing Victoria McLean as Chief Compliance Officer and establishing an advisory hub in Abu Dhabi for ultra-high-net-worth clients, reflecting confidence in regional growth.

ResearchChadButBroke

2025-12-26 01:36:06

Abstract generation in progress

Swiss wealth management giant Julius Baer Gruppe AG has announced two significant strategic moves that underscore its commitment to the Middle East region. The firm appointed Victoria McLean as Chief Compliance Officer and Executive Board member, effective February 2026, while simultaneously securing regulatory approval to establish a new advisory hub in Abu Dhabi’s international financial center.

New Compliance Leadership From Goldman Sachs

Victoria McLean brings over three decades of wealth management expertise to her new role as the firm’s compliance executive. Her appointment represents a notable shift from her previous position at Goldman Sachs, where she led Private Wealth Management Compliance operations across Europe, the Middle East, and Africa. Her appointment underscores Julius Baer’s focus on strengthening its governance framework as it expands globally.

Abu Dhabi Hub Advances Regional Strategy

The Financial Services Regulatory Authority (FSRA) has granted in-principle approval for Julius Baer to launch Julius Baer (Abu Dhabi) Ltd., slated to open in December 2025. Amir Iskander will serve as Chief Executive Officer of the new entity, which will focus on serving ultra-high-net-worth clients in the region.

This expansion builds on Julius Baer’s established presence in the UAE, which dates back two decades. The firm now positions Abu Dhabi as a key growth market, recognizing the emirate’s emergence as an ambitious wealth management hub. Ahmed Jasim Al Zaabi, Chairman of ADGM, highlighted how Julius Baer’s “Swiss legacy and long-standing reputation in global wealth management, combined with a deep understanding of the region,” reinforces Abu Dhabi’s standing as a preferred destination for international wealth managers.

Market Performance

Julius Baer shares closed at 62.40 euros on Frankfurt exchange on Friday, reflecting steady investor confidence in the firm’s strategic initiatives.

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