NEBA Wealth Management, a division of Jersey based Team Plc, has hired Luke Forrest and Richard Raczkowski as co-managing partners for its African and South African operations.

Both bring a wealth of experience to the operation to help establish NEBA as a leader in wealth management across Africa.

With over 15 years of industry experience, Forrest will spearhead the growth and development of NEBA Wealth Management partnerships across Africa and South Africa.

Raczkowski has seasoned experience from his tenure in London and the UAE, specialising in high-net-worth portfolios across diverse geographies and focusing on a client-first approach and comprehensive service in investment strategy, estate planning, and cross-border tax arrangements.

John Beverley, CEO of TEAM East said: " We are delighted to welcome Luke and Richard to the fold. Luke's appointment is a pivotal step in our expansion strategy. His expertise and vision are crucial for our mission to establish NEBA as a leader in wealth management across Africa.

"We are confident that under his leadership, NEBA will thrive in these promising markets. Richard's ethos and industry acumen align perfectly with our vision for NEBA Wealth Management. His proven track record and personal touch in client servicing will undoubtedly elevate our offering and strengthen our foothold in the African market."

Forrest added “I am excited to lead NEBA Wealth Management in Africa. Our goal is to revolutionise wealth management in Africa, providing top-tier financial advisors with the tools and support they need to succeed in this vibrant and diverse market.”

Raczkowski said: "Joining NEBA Wealth Management is a privilege and a chance to channel my experience into a region brimming with potential. I look forward to aligning our wealth management strategies with the unique needs and aspirations of our clients in Africa."