Financial services group GSB has hired Paul Waterman and Craig Holding to join its GSB Wealth division based in Dubai.

Waterman will become Partner of GSB Wealth and joins from Skybound Wealth Management, where he was a chartered wealth manager.

He also held significant roles at Royal Bank of Scotland across its commercial, retail, and wealth management divisions. Waterman specialises in serving high net worth (HNW) individuals, family offices and trust companies strategic wealth advisory, estate planning, and advanced tax structuring solutions.

Holding has joined as a Partner of GSB Wealth from financial advice firm Abacus Financial Consultants in Dubai, where he was a partner.

He has over 19 years of experience in the UAE, and he first arrived in 2005; the main focus of his work is to build a tax-effective investment strategy for Australian and British expats. Holding has served as chairman of the Australian Business Council of Dubai and was on the board for over nine years.

Nigel Gregory, managing partner and global head of GSB Wealth, said: “I am thrilled to introduce Craig and Paul as the newest partners at GSB. Highly respected by clients, peers, and the industry alike, Craig and Paul bring a wealth of experience and deep knowledge to our team. Their addition marks another significant step forward in enhancing our wealth and private client services for HNW and ultra-high net worth (UHNW) clients.”

This news follows the launch of the GSB Capital division, which focuses on M&A, growth capital, direct investment, and a range of other advisory services. Financial services group GSB consists of GSB Wealth, GSB Private and GSB Capital