People Moves
Swiss Private Bank Taps HSBC for Dubai COO
Mirabaud, the Geneva-based private bank, has appointed Rajiv Philip as the chief operating officer of its Gulf subsidiary at the Dubai International Financial Centre. He joins from HSBC Private Bank, where he was senior manager, compliance, for the bank’s Middle East business. Mr Philip, a chartered accountant, will also act as the designated compliance and anti-money laundering reporting officer. Gilles Rollet, chief executive officer of Mirabaud (Middle East) said: “Rajiv’s experience in the Middle East region will provide our international and regional investors confidence that the investment team overseeing their assets is now even deeper with a well laid out infrastructure.” Mirabaud was licensed to provide wealth and asset management for private clients in Dubai in June this year. Mr Rollet previously headed ABN Amro’s Dubai-based private bank, serving the Middle East and the Indian sub-continent.