Following its outstanding half-yearly results, First Gulf Bank (FGB), one of the major leading banks in the UAE, is moving forward with its local and international expansion and restructuring plans, with a focus on both of its consumer and corporate arms. Building on its already strong track record of offering ‘Wealth Management’ services, FGB will be further developing its ‘First Wealth’ arm by enhancing its products and strengthening team capabilities to best meet clients’ needs.
As part of this initiative, FGB hosted its ‘First Wealth Investment Conference 2013’, which was attended by its First Wealth Relationship Managers who were addressed by global fund and investment experts. The day-long event included discussions and informative sessions on global market developments and avenues to invest client funds into.
Guest speakers included Alex W. Peters, Vice President, Research Analyst and Portfolio Manager with Franklin Equity Group, Alan Wilde, Head of Fixed Income and Currency at Barings Asset Management, Guido Veul, CFA, Client Portfolio Manager-Equities in ING IM, Henrietta Lance, Senior Portfolio Manager – Global Resources Equities in Amundi Funds and Michael Wooley, Portfolio Specialist, Japan Equities in Eastspring Investments.
“Our operations have always been centered around our customers and on providing them with innovative financial solutions to suit their respective needs. We ensure that we incorporate the principles of specialisation, synergy and speedto everything we do. Our expansion plans over the coming period will not be limited to geographical locations but to also growing our existing operations across of our businesses, including our ‘First Wealth’ services. It is important to remain up-to-date on new market opportunities to ensure that we provide our customers’ with the best advisory platforms,” Huda Abdulla, Head of Emirati Segment and Distribution – Consumer Banking said.
She added: “This conference is one of many programmes that we have lined up to further develop the skill-set and knowledge of our team members. As markets continue to exhibit changes, it is important that our investment products mirror those variations with asset diversification.
Key themes for ‘First Wealth’s’ activities moving forward will be focused on Global Fixed Income & Equities, US Investment Landscape, Japanese Equities, Global Resources & Sectors.
FGB’s ‘First Wealth’ is dedicated to providing the best services to its customers. The team works on understanding specific needs and goals, assessing risk profile, developing and implementing a complete financial plan, and providing ongoing portfolio management.