UBS Veteran Yahya Sisalem tapped by Azura to expand Saudi high-net-worth coverage

Wealth manager Azura Partners tapped Yahya Sisalem (LinkedIn) as a Zurich-based partner, according to Bloomberg. Sisalem previously served as a managing director at UBS, leading a team focused on ultra-high-net-worth (UHNW) Saudi clients. He also spent over a decade at Credit Suisse in similar roles across Zurich and the UAE.

Why it matters: The move is part of Azura’s push to expand coverage of its Saudi-connected individuals with global investment portfolios amid intensifying competition among global wealth managers, including Goldman Sachs, to capture Saudi Arabia’s ultra-rich and channel more capital into the Kingdom.