Indosuez Wealth Management appoints Fouad Nicolas Trad as Global Head of Middle East
Dubai, 22 February 2021 - Indosuez Wealth Management (“Indosuez”), 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”.
Fouad 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, Fouad was the CEO and Chairman of the Management Committee of Byblos Bank Europe and was based in Brussels.
For and on behalf of Indosuez Wealth Management in the GCC and Middle East
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Notes to Editors
About Indosuez Wealth Management
Indosuez Wealth Management is the global wealth management brand of Crédit Agricole group, ranked 10th in the world in terms of total assets (The Banker - July 2020, based on results at the end of 2019). Shaped by more than 145 years of experience supporting families and entrepreneurs around the world, Indosuez Wealth Management offers a tailor-made approach that allows our clients to build, manage, protect and pass on their wealth according to their goals and ambitions. Its teams take a comprehensive view and provide expert advice and exceptional service, offering a wide range of services for the management of both personal and business assets. Renowned for its international reach combined with a human scale, Indosuez Wealth Management has 3,060 employees in 13 locations around the world, in Europe (Belgium, France, Italy, Luxembourg, Monaco, Spain and Switzerland), Asia-Pacific (Hong Kong SAR, New Caledonia and Singapore), the Middle East (United Arab Emirates) and the Americas (Brazil, Miami and Uruguay). With 128 billion euros in assets under management (as at 31/12/2020), Indosuez Wealth Management is one of the global leaders in wealth management.
About Indosuez Wealth Management in the Middle East
Indosuez Wealth Management is present in the UAE in Abu Dhabi and Dubai via CA Indosuez (Switzerland) SA Representative offices. The group has a strong presence in the region, with roots that date back to 1949 in the Arabian Gulf states. Our highly-specialized teams combine their knowledge of the region with the vast expertise and opportunities provided by the global network of Indosuez Wealth Management and Crédit Agricole group.