The wealth management arm of Crédit Agricole Group has announced the appointment of a head for the Middle East.

Indosuez Wealth Management appoints Emile Salawi as head of the Middle East, according to a statement. In this role, he is responsible for leading the regional business while leveraging the expertise of the private bank's teams in Geneva, Zurich, Dubai, and Abu Dhabi as well as the capabilities of Crédit Agricole’s investment banking and asset management (Amundi) teams.

The latest appointment follows the opening of a new Indosuez branch in Dubai International Financial Center (DIFC) in October 2022 and the recruitment of Vanik Baghramian as senior executive officer of the branch. The new branch, which operates under the regulatory purview of the Dubai Financial Services Authority (DFSA), complements the bank's existing Abu Dhabi representative office which is governed by the Central Bank of UAE.

«[Salawi's] extensive experience and multi-faceted skill set make him the ideal leader to capitalize on these opportunities, strengthen our presence in the region, and deliver exceptional client experiences,» said Isabelle Jacob-Nebout, Indosuez head of wealth management in Switzerland, Middle East and Asia.