Wednesday, 26 November, 2008

Vistra joins forces with Global Operations in Dubai.

Vistra has joined forces with Global Operations based in the UAE to offer a range of solutions to private and institutional clients, providing corporate and trust services in Dubai.

This Joint venture will offer cross border solutions for wealth protection and the structuring of assets and cash flows to the increasing number of corporates and ultra high net worth individuals in the Middle East.

Paul Farah, CEO of Global Operations stated: "I am very pleased that we concluded the joint venture with Vistra as our clients will not only take advantage of the complete range of services rendered by the Vistra Group, but they will also have fully access to the extensive Vistra network."

Global Operations is led by a team of seasoned professionals with significant experience in the MENA region. The team recently managed the expansion of a well known major Investment Banking and Asset Management Group into Dubai, Qatar, Bahrain, and Saudi Arabia.

In announcing the launch of the new joint venture, Bart Deconinck, CEO of Vistra added: "Vistra has already been active in the region for some time. I am confident that the long-lasting relationships and experience of Global Operations combined with Vistra’s expertise in trust and corporate services will lead to a rapid expansion of our client base in the region".

For more information please contact Peter Rice on +44 1534 504725.