Daymer Group, a leading independent fiduciary and consulting company providing services to the Asset Management industry, is expanding its footprint and opening an office in the Dubai International Financial Centre, UAE. The Dubai office is regulated by the DFSA and will be led by senior finance professional Mike Davis.
Headquartered in the Cayman Islands, Daymer Group’s core business is sourcing experienced, highly competent Independent Non-Executive Board Members for the Asset Management industry (funds, structured products, corporate structures and family offices). In addition, Daymer Group provides consulting and fractional CEO/CFO/COO services. The firm’s clients manage over USD 12Bn in AUM.
Daymer Group’s directors and consultants include former C-suite executives, partners and senior leaders from multiple sectors, providing independent insight and advice, ensuring improved governance standards and credibility for its clients. The Daymer Middle East team includes Martin Homberger, who led Barclays Bank's ME regional Compliance and Financial Crime functions, with previous experience at Deutsche Bank and Clifford Chance, Mark Emmerson with over 40 years of banking and trade finance experience, and Simon Calder who recently served for six years as the Deputy CEO and Chief Operating Officer for HSBC in the UAE. They are joined by Cybersecurity leader Tom Gamali, who previously served on the European Advisory Council of ISC² and healthcare strategist Yoko Shimada who has contributed to pioneering projects such as the World Bank, UNAIDS, WHO and the Gates Foundation.
Daymer Group Founder Richard Scott-Hopkins said: “With existing offices in London and Cayman, Dubai was the logical third location for Daymer Group. New and established Asset Managers are moving to the UAE to take advantage of the attractive tax regimes, developed regulatory network and to be closer to their current and potential investors. Several of our existing clients are moving people or opening offices in the UAE and they have asked Daymer to support them.”
Director Mike Davis commented: “As the Middle Eastern asset management industry continues to evolve, managers and their investors are putting a higher value on truly independent advice and support. Daymer team members are not only highly qualified themselves, but they can also call on the experience and know-how of the wider, global Daymer Director Network.”
