UBP Opens Riyadh Office Appoints Mishal Alhawas CEO

Union Bancaire Privée (UBP), a Geneva-based private bank, has opened a new office in Riyadh, Saudi Arabia, as part of its strategic regional expansion. Mishal Alhawas has been appointed CEO and head of advising for Saudi Arabia, tasked with overseeing local operations, driving client engagement, and strengthening partnerships aligned with Saudi Arabia's Vision 2030. Alhawas brings over 25 years of experience in wealth and asset management, having previously held senior roles at Sidra Capital and Alawwal Invest. UBP has been active in the Middle East for over two decades, with established offices in Switzerland and Dubai, managing more than 15 billion Swiss francs in the region. The Riyadh office opening represents a significant step in UBP's growth across the GCC, reflecting the bank's commitment to delivering bespoke wealth management services to clients in this strategic market. This move positions UBP alongside other private banks expanding their presence in Saudi Arabia, a key hotspot for wealth management.