Stonehage Fleming has hired Taymour Mortagui as a director and senior client relationship manager in its Zurich family office.
Taymour joins the international multi-family office from Covario AG where he was managing director and head of the Middle East.
Prior to this, he was a relationship manager at Arab Bank Switzerland, and an assistant relationship manager at Bank Am Belevue (Investment Partners).
The statement on 2 October further said he will be working closely with family office colleagues across the group, focusing on driving Stonehage Fleming's expansion further into the Middle East North Africa market.
Taymour is based in Zurich and will report directly to Caroline Bauer, head of family office Zurich. His role is newly created and effective immediately.
Mark McMullen, partner & CEO of Stonehage Fleming's Family Office division, said: "Taymour brings invaluable experience and knowledge, in particular of the landscape of the Middle East. His practical experience and relationships will enable us to further expand our presence across the MENA market, as we continue to support some of the world's leading families and wealth creators across generations and geographies."
Taymour Mortagui added: "I am delighted to join Stonehage Fleming. I look forward to working alongside their esteemed Family Office team in Zurich, as we continue to build Stonehage Fleming's business in continental Europe. I am thrilled to further establish the firm, with the help of my colleagues across our global offices, in the rapidly developing MENA market."
