The organisation said it intends to have a team of11 people by the end of this year. 

Stonegate Capital, the Dubai-based family office that announced its launch earlier this week, has appointed senior bank executive Faisal Ahmad (main picture) as CEO.

Faisal brings more than 25 years of international leadership experience across private banking, wealth management and family office advisory. He has held senior roles at Société Générale, Barclays, Credit Suisse and Mirabaud, where he most recently served as head of wealth management for the Middle East.

Stonegate said it aims to establish a pathbreaking AI-integrated family office. AI, data and automation will be embedded across investment analysis, due diligence, portfolio monitoring, risk management and reporting, supported by experienced human judgement and strong governance, it said.

The organisation said it intends to have a team of11 people by the end of this year.