Financial adviser AES International named Andrew Bates (LinkedIn) as CEO of its Private Wealth and Family Office, AES said in a post on LinkedIn. Dubai-based Bates brings over 30 years of experience in international private banking and wealth advisory. He most recently served as Middle East and Asia head at Nedbank Private Wealth, where he worked for 21 years.
Background: AES International, a certified fiduciary, is a fee-based wealth management firm in the domain of family advice. The new hire will help extend its services to globally-mobile families across MENA, as huge wealth migrates to the Middle East, AES Founder Sam Instone said in a separate press release.