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Asset Management / Wealth Management / On The Move
DBS strengthens GCC and Africa franchise
Loic Voide appointed head of private banking for MEA region
The Asset   14 Jul 2025
Loic Voide
Loic Voide

DBS Bank has appointed Loic Voide to the newly created role of head of private banking for Middle East & Africa ( MEA ), effective August 1st. He will be based at the DBS branch in the Dubai International Financial Centre ( DIFC ).

Voide was most recently chief executive officer and chief country officer of Deutsche Bank ( Switzerland ). Prior to that, he served as co-CEO and head of private banking for MEA. A veteran of the wealth management industry with deep expertise in the MEA region, Voide has held senior positions at several leading private banks, including UBS Wealth Management and Credit Suisse.

At DBS, Voide will report to Vikas Jaidka, region head ( Middle East, Africa, NRI ), DBS Private Bank, and be responsible for driving growth and performance across the region, with a focus on ultra-high-net-worth clients and their families.

DBS operates in the Middle East through its branch at the DIFC. The Dubai presence offers many advantages, including being a vital gateway to the Gulf Cooperation Council ( GCC ) countries and Africa – two key wealth corridors that anchor the bank’s global wealth management footprint.

In recent years, DBS has also observed a growing trend of Middle Eastern families establishing family offices in Asia, with Singapore and Hong Kong – where the private bank’s booking centres are located – emerging as preferred destinations. Dedicated wealth planning teams support these clients with customized legacy and estate planning services to meet multi-generational needs.

As of April 2025, DBS’ high-net-worth assets under management stood at US$236.6 billion.