Citi UAE’s Wealth Clients to Quadruple on the Back of Citi’s “Win in Wealth” Strategy by 2025

SourceEye of Riyadh

 Citibank UAE today announced plans to expand its Assets Under Management (AUMS) portfolio threefold to USD15 billion by 2025, and will be doubling the size of its new Relationship Managers (RMs) to support client growth.  Already a top provider of wealth management services in the  UAE, the bank is also targeting to quadruple its wealth client base over the next five years. This is part of an ambitious “Win In Wealth” strategy growth plan.Citigold is designed to meet the global banking and investment needs of affluent individuals with investable assets of USD 200,000 and above. Offering wealth management services, digital banking and solutions tailored specifically to the unique needs of affluent and high net-worth customers whose preferences are becoming more global, digital and oriented towards savings and investment solutions, customers increasingly want to bank digitally while still having the flexibility to receive wealth management advice from a team of trained individuals. Dinesh Sharma, Citi Middle East Head of Consumer Banking, said: “Clients in the UAE demand world class advisory services as well as a global wealth proposition delivered on their terms.

With the further investment in our platforms and talent pool, the expanded clientele will be able to book more...