Shuaa to launch digital wealth management platform to broaden client base

Shuaa to launch digital wealth management platform to broaden client base

Dubai-based investment bank Shuaa Capital is launching a digital platform to expand its wealth management services and has hired Visa's former digital solutions head for Central Europe, the Middle East and Africa to oversee its FinTech business.

Hadi Raad, who has also worked at Google, joins Shuaa as chief digital officer to lead the company's FinTech business and its digital wealth management services, Shuaa said in a statement to the Dubai Financial Market, where its shares trade.

There's a gap in the market and Shuaa plans to “double down on developing its digital offerings”, it said.