November 27, 2025
Deutsche Bank Private Bank Celebrates Double Recognition in the Middle East
2025 has been a standout year for our Private Bank Middle East team and Global South Asia and Africa (GSAA) team, both dedicated to serving clients across the Middle East. Together, these teams have earned two prestigious industry awards, reflecting our shared commitment to excellence, innovation, and client success.
WealthBriefing MENA Awards: Overall Private Bank
First, our Private Bank was named winner of the Overall Private Bank category at the WealthBriefing MENA Awards 2025. This respected honor recognizes our ability to deliver outstanding client service, drive business growth, and provide tailored solutions for complex wealth management needs. Our team’s strength lies in our “Global Hausbank” approach—connecting clients to Deutsche Bank’s full suite of capabilities, from lending against art and real estate to Shari’ah-compliant investments and cutting-edge digital platforms.
Over the past five years, Private Bank has doubled assets under management, expanded our front-office talent, and deepened our local coverage in Dubai and Riyadh, all while maintaining a culture of collaboration and innovation.
Saad Osseiran, Head of Private Bank Middle East, said: “Winning the WealthBriefing MENA Award affirms Deutsche Bank’s commitment to excellence and innovation in private banking. It inspires us to continue setting new benchmarks for our clients and colleagues, driving growth and shaping the future of wealth management in the region.”
Citywire Middle East UAE Private Banking Awards: Best Private Bank UAE – Global Indians Offering
We were also named the Best Private Bank UAE – Global Indians Offering award at the Citywire Middle East UAE Private Banking Awards. This recognition celebrates our GSAA team’s outstanding service to the internationally mobile Indian community. With coverage spanning five offshore financial centers and onshore India, our team leverages deep cultural understanding, decades of experience, and global connectivity to deliver cross-border solutions for clients with roots in India and ambitions worldwide.
Rajesh Mahadevan, Head of GSAA Coverage, commented: “Our expertise in structuring, lending, and family office advisory has positioned us as the trusted partner for entrepreneurs and wealth creators across the region. Our growth is driven by a decade-long commitment to serving the Indian diaspora by leveraging Deutsche Bank’s presence globally and in India. Looking ahead, we aim to harness our capabilities across the Private and Investment Bank to expand our client footprint and be the bank of choice for our clients’ entrepreneurial and wealth management needs.”
As the Middle East continues to grow as a global wealth hub and the Indian diaspora expands its international footprint, our united teams are uniquely positioned to deliver lasting value. These awards are a reflection of our shared vision, expertise, and commitment to our clients.
Marco Pagliara, Head of Emerging Markets said, “Congratulations to everyone who contributed to these achievements. Let’s keep building on this momentum and continue to set new standards together.”
United by Strength and Collaboration
What truly sets the Private Bank apart is collaborative spirit.
By working closely across both our Private Bank Middle East and GSAA teams—and partnering seamlessly with colleagues in the Investment Bank, Corporate Bank, and DWS—we deliver a full spectrum of expertise and solutions to our clients. This teamwork ensures that every client benefits from our combined knowledge, diverse perspectives, and innovative thinking.
About Deutsche Bank
Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.