Investec Claims Multiple Accolades At PWM Global Private Banking Awards
Investec Claims Multiple Accolades At PWM Global Private Banking Awards. Leading international private bank and wealth manager, Investec, claimed three awards at the prestigious annual PWM Global Private Banking Awards by the Financial Times of London, including ‘Best Private Bank in South Africa’ for the 11th consecutive year.
Investec also took home the inaugural ‘Best Branding in Private Banking (Africa)’ award and was again recognised as the ‘Best Private Bank and Wealth Manager in Africa for Philanthropy Services’ for its continued commitment to creating enduring worth and making a positive contribution to society. Since its inception in 2009, the Global Private Banking Awards aim to gather qualitative and quantitative information from private banking groups to recognise and reward industry excellence. An expert panel of 15 industry professionals based in North America, Asia, and Europe judge the submissions.
“These awards affirm the relevance and impact of our distinctive approach as an international private bank and wealth manager,” comments Cumesh Moodliar, Head of Investec Private Bank and Private Client SA. In a sector where private banking has become broadly commoditised and reduced to just another level of banking, Investec continues to differentiate its offering through valuable, personalised experience and service.
A key attribute of the continually evolving Investec Private Banking value proposition is the acceleration in growth and capabilities offered by Investec Bank Switzerland, which gives high-net-worth clients a fully-fledged Swiss suite of wealth and banking services. “As the only financial institution in Africa with access to a Swiss banking and wealth management license from Investec Group, we are focused on making the Swiss office a home for our clients’ international assets. This boutique service accommodates a host of our clients’ international and intergenerational investment goals to create worth beyond wealth, through a global suite of exclusive investments,” explains Joubert Hay, CEO of Investec Wealth & Investment International.
Investec Bank Switzerland AG combines Swiss banking heritage with the resources of the Investec Group to offer innovative global wealth management and banking solutions. “Clients can enjoy the heritage, stability, and discretion of a boutique Swiss private bank while benefiting from Investec Group’s global investment expertise and entrepreneurial muscle,” elaborates Hay. The sovereign jurisdiction offers numerous advantages, including a AAA rating, economic stability, legal, tax and estate planning benefits, a strong currency, and a multilingual workforce, making it an established and attractive banking and investment destination for discerning international and local clients.
Investec’s Swiss office is for high-net-worth clients, families and trusts. It offers all Investec’s investment products across all asset classes, cash solutions, execution and custody services, Lombard lending, multiple currency accounts and foreign exchange dealing. “The other distinctive attribute that elevates our value proposition is a connected ecosystem that encompasses our client-centric approach and technology platforms, which creates long-term value for clients by offering profitable, impactful and sustainable solutions personalised to their individual needs, both locally and internationally,” continues Hay.
In this regard, Investec sets the private banking benchmark on service through a high-tech, high-touch approach that blends face-to-face, deep client relationships with a 24/7 global Client Support Centre and technology-led innovation.
