30-04-2025
GIB Group, Stanhope Capital Group in strategic partnership
Gulf International Bank Group, a pan‑GCC universal banking group, and Stanhope Capital Group, one of the world's leading independent glob‑ al wealth management firms, announced that they have en‑ tered into an agreement to offer wealth advisory services to in‑ stitutional and qualified private clients in the GCC region.
The agreement will offer cli‑ ents a comprehensive suite of services including advisory, out‑ sourced chief investment officer and discretionary wealth advi‑ sory, expanding the GIB Group's existing offering, which includes commercial banking, retail, treasury services, asset man‑ agement, investment banking and Sharia‑compliant banking services.
The partnership will enable the GIB Group to extend its suite of value‑added services to clients to include asset and wealth management locally and on a global basis.
For Stanhope Capital, whose core business is to offer wealth management and advisory sevices to its global client base, the agreement is an opportunity to further expand in the GCC, which has become one of the fastest growing regions for such services and to do so whilst capitalising on the GIB Group's established regional presence, local expertise and extensive network.
The investment platform of‑ fered to clients in the region will cover all global asset classes, including equities, fixed income, hedge funds, private equity and real estate combined with a strong expertise in Sharia‑com‑ pliant products. Alternative investments offering access to top‑quartile buyout and ven‑ ture capital managers will form a core part of the offering.
worldclass platform
Commenting on the partnership, Sara Abdulhadi, Chief Executive Officer of GIB B.S.C., said, 'The increasing demand for sophisticated investment solutions requires a partner that understands both local and international markets. Through this collaboration, we are well‑positioned to provide our clients with a comprehensive, world‑class investment platform that aligns with their evolving financial goals'.
Osamah Shaker, Chief Exec‑ utive of GIB Capital, said: 'By leveraging Stanhope Capital's global insights and expertise, combined with GIB Capital's strong footprint and track record in the region, we aim to offer enhanced value and support to our clients in achieving their financial goals.
Daniel Pinto, Chairman & CEO Stanhope Capital Group, said: 'The demand for asset and wealth management services in the GCC is immense and our abil‑ ity to combine the GIB Group's access and expertise with our long‑standing experience ser‑ vicing the most demanding in‑ stitutional and private clients globally will create something unique in the region'.
