This publication brings latest news of moves in the global wealth management industry.

Geneva-headquartered Union Bancaire Privée has named a new country head for the United Arab Emirates, this publication has learned, taking over from David Rice, who has resigned from the post.

Mohamed Abdellatif has been appointed to the role, taking up the position of senior executive officer of Union Bancaire Privée (Middle East), a DIFC subsidiary.

Abdellatif will manage, supervise and develop private banking activities from the bank’s Dubai office. Initially, he will manage the integration of Coutts locally. He has 15 years’ experience in the investment and wealth management fields, including work at HSBC, Bank Sarasin and Mashreq Bank, and most recently with UBP as a private banking team head focusing on Gulf markets.

Rice will fulfill his responsibilities until the end of August.