Sid Ludbe Joins Nedbank Private Wealth

Nedbank Private Wealth has revealed the transfer of Sid Ludbe, an extensively seasoned private banker, from its Isle of Man branch to its acclaimed representative office in Dubai, marking a strategic move to bolster the company's footprint in the Middle East.

This relocation comes on the heels of the recent addition of private banker Darren Hooker to the Dubai team, reflecting Nedbank Private Wealth's steadfast dedication to catering to its clientele in the Middle East and Asia.

Sid Ludbe's appointment is underlined by his vast expertise, cultivated over years of experience. With a history of close collaboration with the Dubai team, Ludbe possesses a deep understanding of the local market dynamics. His familiarity with the expatriate and non-resident Indian community, coupled with his connections in the UK, positions him ideally to serve the burgeoning client base in the region.

Andrew Bates, Head of Private Banking for the Middle East and Asia, said: “By welcoming Sid to our representative office in Dubai, we enhance our ability to provide a cohesive wealth planning service to our clients. Both he and Darren bring valuable expertise to our growing Middle East team, which continues to go from strength to strength. We are confident in our ability to deliver exceptional service with our ever-growing, talented team as we provide a bespoke experience to our clients. This was underlined last year when we again won the coveted WealthBriefing MENA award for Best Private Bank Client Service.”

The growth of Nedbank Private Wealth's representative office in Dubai reflects the ongoing need from affluent individuals in the region for financial solutions. A significant portion of these expatriates maintain global lifestyles across various countries, making Nedbank Private Wealth well-suited to assist them in preserving and enhancing their assets.

Source: Nedbank Private Wealth