Global financial services provider Apex Group, which manages over US$3.5 trillion in assets, has officially launched its operations in Qatar after securing a license and opening a new office. The move marks a significant expansion of the firm’s presence in the Gulf region and a major endorsement of Qatar’s growing financial ecosystem.
A Strategic Move for Qatar’s Vision 2030
The establishment of Apex Group’s Qatar office is in direct alignment with the Qatar National Vision 2030, a strategic framework aimed at diversifying the nation’s economy and developing a world-class financial sector. The firm’s presence is expected to enhance the operational capabilities and governance standards of the local market, making it more attractive to international fund managers and institutional investors.
Peter Hughes, Founder and CEO of Apex Group, commented on the expansion, stating, “Receiving our license as the first regulated asset servicing company in the QFC marks an important milestone in Apex Group’s regional growth strategy. Qatar’s ambition to strengthen its asset management and private capital ecosystem is both timely and strategically important.”
Mansoor Rashid Al-Khater, CEO of the Qatar Financial Centre (QFC), added, “The firm’s presence in Qatar enhances the financial sector’s operational capabilities, governance standards and specialised expertise, elevating its appeal to international fund managers and institutional investors.”
Bringing Global Expertise and Digital Innovation
The new Doha office will provide institutional investors, asset managers, family offices, and financial institutions with access to Apex Group’s extensive global platform. This includes the firm’s cutting-edge digital solutions, such as Apex Digital 3.0, a digital infrastructure for on-chain finance, and AI Nova, the Group’s proprietary AI technology platform.
Leadership and Regional Expansion
To lead its new operations, Apex Group has appointed Emad Khan, CFA, as Senior Executive Officer and Country Head of the Qatar office. Khan brings over a decade of experience in Qatar’s financial sector, having held senior positions at prominent institutions including UBS, Credit Suisse, and HSBC.
The Qatar launch is the latest step in Apex Group’s strategic growth across the Middle East, complementing its existing offices in Saudi Arabia, Abu Dhabi, Dubai, and Bahrain.
About Apex Group
Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With over 13,000 employees across 110+ offices worldwide, the company delivers a broad range of services to asset managers, financial institutions, private clients, and family offices. The Group’s solution suite includes fund services, digital onboarding and bank accounts, depositary, custody, super ManCo services, corporate services, and a pioneering ESG Ratings and Advisory solution.
Source: Fintech News Middle East
