October 20, 2026
Wealth Management

Schroders Wealth Management accelerates its growth ambitions in the Middle East


Zurich, Switzerland – Schroders Wealth Management is continuing to invest in and expand its coverage across the Middle East. The next phase of growth will strengthen connections between the region and key global wealth centres, supporting the firm’s international ambitions and further enhancing its wealth management offering across Switzerland, Asia and the UK.
To support this the firm has made a number of key strategic hires in Switzerland including Neil De Sousa, who has been appointed Head of the Middle East and Geneva (joined from HSBC), Daniel Roca, Senior Relationship Manager covering the region (joined from Banque Vontobel), Aleya Aleisa, Head of Marketing & Communications for Europe and the Middle East (joined from BlackRock), and Hélène Castro, Head of Wealth Advisory, Europe & Middle East (joined from Edmond de Rothschild). Together, these appointments strengthen the firm’s capabilities to support clients from the Middle East, bringing together dedicated regional leadership, relationship management, wealth advisory and marketing expertise. 

Luigi Pigorini was also appointed Chair and Independent Non-Executive Director of Schroder & Co. Bank AG, Switzerland, on August 18, 2026. Luigi has extensive wealth management and investment banking experience and has held various senior roles in wealth management, notably as EMEA CEO, Citi Private Bank, and head of EMEA Wealth Management.

The firm is planning additional hires in the near future.  

Alexander Pronk, CEO Europe and the Middle East, Schroders Wealth Management, said:

 “This expansion reflects our continued investment in the people, expertise and international connectivity required to support high-net-worth and ultra-high-net-worth clients, entrepreneurs, charities, endowments and globally connected families. We are focusing on strengthening the team, expanding client coverage and serving the evolving needs of increasingly sophisticated investors in the region. Combining local expertise with access to Schroders’ global investment platform, including capabilities across public and private markets, is going to support clients and families with their wealth planning and complex, cross-border needs.” 

Neil De Sousa, Head of the Middle East and Geneva, Schroders Wealth Management, said: 

“The Middle East is entering an exciting new era of wealth creation, with growing private wealth and increasingly sophisticated, globally minded clients. Schroders’ heritage, global reach and local presence position us well to build long-term relationships with entrepreneurs, families, business owners and institutions across the region. We have ambitious plans to invest in our clients, our people and our capabilities, and I am excited to help drive the next phase of growth.”

The new investment reflects the continuation of a long-term strategic commitment to the Middle East, where Schroders Wealth Management sees significant growth opportunities as the UAE and broader GCC rapidly strengthen their position as global wealth management hubs, supported by the migration of an estimated US$63 billion in private wealth into the region in 2025.[1]
 The Schroders Group has been present in Dubai since 2007, serving its regional clients for over three decades. 

Being one of the world’s most dynamic wealth markets, the Middle East region is a key component of the firm’s international growth strategy, attracting entrepreneurs, international families and globally mobile wealth. Clients are becoming more sophisticated and are increasingly looking beyond investment products for advice covering structuring, governance, succession and long-term family planning.

 Earlier this month, Nuveen completed its acquisition of Schroders. Nuveen and Schroders intend to build on the strong presence and market positioning of Schroders’ wealth management businesses, including Cazenove Capital, which are key strategic elements of the combined firm’s strategy. 

The combined firm brings together complementary investment capabilities, global reach and deep local expertise, with approximately US$2.6 trillion in assets under management across more than 40 markets worldwide.

For further information, please contact:

Budgie PR
 
Nicola Ellegaard
nicola@budgiepr.com

www.budgiepr.com

About Wealth Management

As a long-established wealth manager with an absolute focus on preserving and growing our clients’ wealth, what matters most to our clients, matters most to us. 

Private individuals, family offices, trusts, institutions and charities rely on us to provide them with bespoke wealth management services. Skilled in investment management, wealth planning and banking services – we also offer discretionary fund management to external advisers and their clients, and we are the largest charity fund manager by assets under management in the UK.

For two centuries we have helped clients look forward to a successful future. With each client, we plan for the long term and invest the time to gain a detailed understanding of their unique circumstances, goals and ambitions. Many of our clients, and many of our own people, work with us for years, decades and even generations. This helps us to create relationships with unusual depth.

Our experience of navigating complex markets and adapting to change helps us balance risk and reward. The investment expertise we call upon as part of Schroders and Nuveen, one of the world’s leading active public to private asset managers, combined with our long-standing experience of advising clients, is what sets us apart.

Further information about Schroders Wealth Management can be found at Schroders Wealth Management .

About Us

Nuveen and Schroders have joined forces to establish one of the world’s leading active public to private asset and wealth managers. Together, we have truly global reach combined with on-the-ground presence built up over decades in more than 40 markets around the world. With approximately $2.6 trillion in assets under management and scale across the full spectrum of public to private markets, we have a powerful platform to seamlessly deliver the outcomes our clients want.

We are equipped to build tailored solutions to meet the needs of every type of client. The dynamic changes in the marketplace today are demanding new investment solutions. Whether that is across retirement, insurance or wealth, the expanded range of capabilities and tools we bring as one firm enable us to help our clients respond to their most complex challenges.

 We have centuries of experience and a shared commitment to delivering outstanding performance for the long-term. The patient capital and stability of our parent company, TIAA, underpins our ability to invest in the future and focus on the needs of our clients today and for the generations to come.

 When investing, your capital is at risk.

Schroder & Co Bank AG is part of the Schroders Group of companies (Schroders Ltd.) that are ultimately held by TIAA (Teachers Insurance and Annuity Association of America) as holding company. For further information on the Schroders Group of companies, please refer to www.schroders.com

Issued by Schroder & Co Bank AG, regulated by FINMA, with its head office at Talstrasse 11, 8001 Zurich and a branch in Geneva.

[1] Source Henly & Partners, The Henley Private Wealth Migration Report 2025



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *