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Nomura's International Wealth arm hires ex-julius Baer NRI head. Editorial Staff 14 October 2026 Vijay Solomon is joining the Japanese group's international wealth management business in Singapore as managing director, with a brief to build out Southeast Asia and Middle East coverage. The international wealth management arm of Nomura has appointed Vijay Solomon (pictured below) as managing director, based in Singapore, according to an internal memo seen by this news service. Vijay Solomon Solomon is joining from Julius Baer, where he was group head for global non-resident Indian and emerging markets. He reports to Brajesh Jha, group head of Southeast Asia and Middle East.at the Japan-headquartered group. "Solomon will focus on further developing our growing South East Asia and Middle East franchise as he builds his team of client coverage relationship managers," the memo said. He will work alongside the investment products and advisory solutions, lending and credit solutions, business management and corporate partner teams. Before Julius Baer, Solomon worked at Credit Suisse, Societe Generale, DBS Private Bank, ICICI Bank and GE Capital in Hong Kong, Singapore and India. His hire follows a series of senior appointments at the business this year. In September, this news service reported that Ray Sharma-Ong had joined Nomura International Wealth Management as managing director, chief investment officer and head of discretionary portfolio management, moving from Aberdeen Investments, where he was deputy global head of multi-asset bespoke solutions. In February, the unit appointed Etienne Broussaud, formerly of UBS, as managing director to lead its Southeast Asia and Middle East lending and credit solutions team. Nomura repositioned its wealth management business outside Japan as International Wealth Management in September 2020. Since then, it has focused on Greater China, South and Southeast Asia and the Middle East, booking clients from Singapore, Hong Kong and Dubai.

Julius Baer announces new leadership for Middle East & Africa: Jean Pierre Dib and Philipp Kleinschnittger named Co-Heads. Jean Pierre Dib and Philipp Kleinschnittger jointly assume leadership as Co-Heads Middle East & Africa, based in Dubai and Zurich respectively, effective 12 October 2026. Published 11 October 2026, 23:39 (GMT-7) Régis Burger, who has led the market as Head Middle East & Africa takes on a newly created role as Chief Operating Officer, Region Emerging Markets, while continuing as CEO and Senior Executive Officer (SEO) of Julius Baer (Middle East) Ltd. Dubai - Julius Baer is realigning leadership of its Middle East & Africa market, with Jean Pierre Dib and Philipp Kleinschnittger assuming the roles as Co-Heads Middle East & Africa, effective today. The Co-Heads will report to Rahul Malhotra, Head of Region Emerging Markets. Régis Burger, who has led the market as Head Middle East & Africa takes on the newly created role of Chief Operating Officer, Region Emerging Markets, while continuing as CEO and Senior Executive Officer (SEO) of Julius Baer (Middle East) Ltd., retaining the regulatory oversight of the DFSA-regulated entity. As the new Co-Heads Middle East & Africa, Jean Pierre Dib and Philipp Kleinschnittger are responsible for Julius Baer's client offering and strategic priorities across the region, bringing together the organisation's onshore presence in Dubai, Abu Dhabi, Manama, and Johannesburg with its offshore coverage out of Zurich, Geneva, and London. Their joint leadership draws on complementary experience and expertise while providing the strong oversight needed to support Julius Baer's growth ambitions in the region. Jean Pierre has more than 20 years of experience in senior private banking roles, most recently as Senior Client Partner for Julius Baer in Dubai. For over a decade, he has played a key role in the Bank's Middle East franchise, driving client acquisition and management across the GCC and wider region. Drawing on his deep regional expertise, he has established an extensive track record in advising UHNW individuals, entrepreneurs, and family offices. Philipp brings more than two decades of international banking experience. Since joining Julius Baer in 2016, he has held several senior leadership positions, including Head CEO Office Initiatives and Head of Business Technology Front, followed by Head Middle East & Africa Switzerland, UK & South Africa, and Chairman of Julius Baer South Africa (Pty) Ltd. In each of these roles, he has successfully led multi-jurisdictional teams to deliver strategic initiatives and business growth, based on the needs of our clients. Rahul Malhotra, Head of Region Emerging Markets, Julius Baer said: "Jean Pierre and Philipp bring the kind of long-standing, client-first leadership that has built our franchise in the Middle East. This highly-collaborative model reflects our commitment to supporting our clients across their wealth journeys. The Middle East continues to see significant wealth creation, particularly across the GCC, making it a highly strategic growth market for Julius Baer. I believe we are well positioned to expand further, and I am confident that Jean Pierre and Philipp will build on our momentum. I wish them both every success in their new roles." He continued: "I would also like to thank Régis for his leadership of the market as Head Middle East & Africa. He has made a considerable contribution to building our presence across Middle East & Africa, and I look forward to working closely with him as COO Region Emerging Markets." Julius Baer has been present in the Middle East since 2004, when it became the first wealth management firm to be established in the Dubai International Financial Centre, holding licence number 1. The Bank's Middle East & Africa franchise has grown steadily since, with the launch of Julius Baer (Abu Dhabi) Ltd. in December 2025, 50 years of presence in Bahrain marked in 2026, and an office in Johannesburg since 2018. Together with its offshore coverage from Zurich, Geneva, and London, this combined onshore and offshore model remains central to how Julius Baer serves its sophisticated clients across the region. Kiran Makhija, tel. +971 55 484 6297 Afreen Aslam, tel. +971 (0) 4 3770582 About Julius Baer Julius Baer is the leading Swiss wealth management group and a premium brand in this global sector, with a focus on servicing and advising sophisticated private clients. In all we do, we are inspired by our purpose: creating value beyond wealth. At the end of June 2026, assets under management amounted to CHF 547 billion. Bank Julius Baer & Co. Ltd., the renowned Swiss private bank with origins dating back to 1890, is the principal operating company of Julius Baer Group Ltd., whose shares are listed on the SIX Swiss Exchange (ticker symbol: BAER) and are included in the Swiss Leader Index (SLI), comprising the 30 largest and most liquid Swiss stocks. Julius Baer is present in around 25 countries and 60 locations. Headquartered in Zurich, we have offices in key locations including Abu Dhabi, Bangkok, Dubai, Dublin, Frankfurt, Geneva, Hong Kong, Lisbon, London, Luxembourg, Madrid, Mexico City, Milan, Monaco, Mumbai, Santiago de Chile, Shanghai, Singapore, Tel Aviv, and Tokyo. Our client-centric approach, our objective advice based on the Julius Baer open product platform, our solid financial base, and our entrepreneurial management culture make us the international reference in wealth management. 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Julius Baer appoints former UBS top banker to the board. Julius Baer wants to strengthen its board of directors with two experienced female bankers. Caroline Kuhnert, a long-standing UBS executive with extensive private banking experience, is set to join the board. The former HSBC and RBS head of human resources, Elaine Arden, is also being nominated. Tuesday, 6 October 2026 08:19 Press play to listen to this content The Julius Baer Group is nominating Caroline Kuhnert and Elaine Arden for election to the board of directors at the annual general meeting in April 2027, the Zurich-based private bank announced in a statement on Tuesday. With Kuhnert, Julius Baer is bringing additional experience in international wealth management and Swiss private banking onto the board. 20 years at UBS Kuhnert worked in wealth management at UBS for around 20 years and most recently served on the Global Wealth Management Executive Committee in Zurich. Over the course of her career, she was responsible for various businesses in Switzerland and internationally. These included Europe, Switzerland, Emerging Europe, the UK, the Middle East, Latin America and Asia. She also led the EMEA region's business with ultra-high-net-worth clients and global family offices. Other focus areas of her work included cross-border risk management and restructurings. The Austrian-born executive also holds Swiss citizenship and lives in Switzerland. Transformation at HSBC and RBS Arden, by contrast, brings above all experience in human resources, corporate culture and the transformation of large banks. Among other roles, she was Director of Group Human Resources at the Royal Bank of Scotland (RBS). There, she was involved in repositioning and downsizing an international banking group that at the time had around 120,000 employees in 30 countries. She later moved to HSBC, where she accompanied the group's organisational and strategic transformation with around 220,000 employees in 64 countries and led one of the bank's major global HR organisations. She retired last year. Board continues to be reshaped Board Chairman Noel Quinn had already announced in March that he would strengthen the board with additional expertise while also advancing diversity targets. Kuhnert is expected to contribute expertise in private banking and the Swiss market, while Arden will complement the board with her experience in large-scale transformations, compensation matters, and talent and succession planning. Julius Baer plans to announce the exact composition of the board and its committees after the planned elections in March 2027, together with the notice convening the annual general meeting.