First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has announced the signature of a Memorandum of Understanding with Amundi, Europe’s leading asset manager, to expand access to world-class investment solutions and further strengthen FAB’s investment management offering to clients.
The collaboration will encompass a broad spectrum of investment solutions across client segments, formats, and asset classes. By combining their strengths and expertise, FAB and Amundi aim to deliver differentiated financial solutions to investors, raising the bar in the GCC’s asset management landscape and exemplifying global best practice.
This partnership reflects FAB and Amundi’s long-term commitment to delivering enhanced and bespoke investment solutions and services across all client segments, including retail, private banking, and institutional investors, building on several decades of experience and success.
Hana Al Rostamani, Group Chief Executive Officer at, First Abu Dhabi Bank, said: “Our strategic partnership with Amundi is a key moment in FAB’s journey to elevate our investment capabilities and bring best-in-class asset management solutions to our clients. By joining forces with one of the world’s leading asset managers, we are reinforcing FAB’s position as the UAE’s global bank and a partner of choice for clients seeking international expertise and tailored solutions. This partnership demonstrates our commitment to delivering greater value, deepening client relationships, and supporting the UAE’s ambitions as a regional and global financial hub.”
Valérie Baudson, Chief Executive Officer of Amundi, commented:“We are delighted to join forces with FAB to bring Amundi’s global expertise to investors in the GCC. As we see accelerating demand for various investment solutions across the Middle East, partnering with FAB, a leading financial institution, supports our ambition to deepen our presence and capture long-term growth in this high-potential market. The collaboration combines our broad suite of solutions, with local insight and scalable digital & advisory capabilities, and will allow us to deliver long‑term value for clients while accompanying the ongoing development of the GCC’s financial ecosystem."
This milestone marks the first partnership of its kind for Amundi in the UAE and supports its strategy to grow its presence in high-potential markets, such as the Middle East. The partnership also showcases FAB’s continued investment in forging strategic alliances that advances its ambition to deliver exceptional client experiences, broaden its wealth and investment offering, and drive long-term growth in the GCC and beyond.
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