Jersey Finance Dubai Conference reinforces importance of access to specialist expertise
Jersey Finance Dubai Conference reinforces importance of access to specialist expertise
The private wealth industry in the Middle East needs to adapt like never before as wealthy families in the region look to bolster their succession planning strategies, tap into emerging investment opportunities and establish multi-jurisdictional ventures – that’s according to speakers at this year’s Jersey Finance Dubai Conference.
Attended by Crestbridge Family Office Services (CFOS) CEO Heather Tibbo, the event, held last month (12 November) at the Address Sky View in Dubai, was entitled “Forging Strategic Alliances” and attracted an audience of senior professionals from across the region as well as global family office and private wealth leaders.
In particular, the Conference highlighted the importance that families of wealth attach to connectivity amongst across their professional service provider and advisory network. Speakers explored how families are increasingly looking to access specialist skills and knowledge to enable them to put in place future-proof strategies as they prepare for mass wealth transfer against a complex regulatory and geopolitical backdrop – something that frequently demands collaboration from their strategic partners.
The Conference formed part of a busy period for Crestbridge in the Middle East, with the team attending a number of flagship events in the region over the past month, including Jersey Finance’s ‘Perspectives: Women in Leadership’ series in October, and STEP Arabia in Abu Dhabi in early November, as well as the WealthBriefing MENA Awards last month – at which Crestbridge CEO Heather Tibbo was presented with the ‘Leading Chief Executive’ Award.
Commenting on the evolving Middle East family office landscape, Heather Tibbo said: “Throughout the events we have attended and actively participated in across the Middle East region recently, there has been a clear theme – this is a market where the family office landscape continues to evolve at pace. Trust professionals and the advisory community need to respond to this by understanding the complexity of the environment families operate in, adapting to ensure they have access to the right expertise and skill set, and being open to collaboration across their networks, so that they can instill resilience in their client strategies and enable them to navigate a safe course.
“I am pleased that Crestbridge has over a long period of time developed strong and lasting relationships with Middle East stakeholders and is fully engaged in these dynamics. We remain absolutely committed to enhancing our proposition for this strategically important market in the coming years.”