Nedbank Private Wealth has appointed Karim Chowdhury as Head of Private Banking for the Isle of Man.
He joins the firm from Union Bancaire Privée, where he served as Director of Private Banking.
Chowdhury brings more than 15 years’ experience in private banking and wealth management, having held senior roles across the UK, Jersey and Bermuda.
Private Banking
His previous positions include Vice President, Private Banking at Butterfield Group, as well as managerial roles at Schroders Personal Wealth and HSBC Expat.
Based in the Isle of Man, he will report to Simon Gibbons, Executive Head of Wealth Management, and will lead the local private banking team, with a focus on relationship-led support for clients.
On his appointment, Karim Chowdhury, said: “Understanding the evolving needs of our clients and their families is key to helping them achieve their long-term financial goals.
“So I’m delighted to be joining the award‑winning Nedbank Private Wealth team, whose ethos of relationship‑led, personalised service reflects this, and truly sets us apart.
“Having recently relocated to the island, I’ve already seen this first‑hand and I’m looking forward to building on that foundation as I meet our clients in the coming weeks and months.”
Simon Gibbons, Executive Head of Wealth Management, added: “Karim brings a strong track record of client advocacy and excellent team leadership across several financial centres. His appointment at our headquarters in the Isle of Man underscores our long‑term commitment to the island and to delivering sophisticated private banking and wealth solutions with exceptional service.”
Chowdhury joined Nedbank Private Wealth on January 5. His appointment is subject to FSA regulatory approval.
