UBS taps lead for new ADGM office

UBS GWM names former JPMorgan exec to lead Abu Dhabi office: Swiss bank UBS Global Wealth Management (GWM) tapped Borja Martínez-Laredo (LinkedIn) as location head of its newly established Abu Dhabi office, according to a press release. The appointment will be effective from 4 December and Laredo will also serve as senior executive officer, pending regulatory approval.

Laredo brings over 15 years’ experience in financial services, most recently serving as managing director at JPMorgan’s Global Families Group in New York, where he advised international and multi-jurisdictional clients.

ICYMI- The Swiss bank opened its office in ADGM last month — its second in the UAE, after launching in Dubai International Financial Center.