People Moves

Deutsche Bank Expands Saudi Arabia Wealth Management Team With Hire

Robbie Lawther, Reporter, 25 April 2017

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He will be based in Geneva and will report to the head of wealth management Saudi Arabia.

Deutsche Bank Wealth Management has appointed Fawaz Baba as head of the wealth management team based in Geneva, covering clients from the Kingdom of Saudi Arabia.

He will report to head of wealth management Saudi Arabia, Sascha Pietrek as well as Steve Wainwright, head of wealth management Middle East and Africa, the bank confirmed in a statement.

Baba will replace Pietrek, who became head of Deutsche wealth management KSA last year.

The bank has said the region is “an important pillar of Deutsche Bank Wealth Management” and said it was “optimistic on the development of the region and fully committed to grow its business with KSA clients”.

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