Investment, savings and protection specialists International Finance Group Limited (IFGL) has opened an office in the Dubai International Finance Centre (DIFC).
It has also received its regulatory licence from the Dubai Financial Services Authority (DFSA), the firm announced.
IFGL DIFC is licensed to promote IFGL’s RL360 products and its Ardan International independent wealth platform, to expat and local investors.
Which will be carried out through regulated intermediaries the firm has said.
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Stuart Shilcock will head up the new office as senior executive officer and head of sales Middle East.
Shilcock has been based in Dubai for over 15 years as IFGL head of sales Middle East and has worked for IFGL for over 22 years.
He will be joined by James Parsons, head of sales Ardan International, Liz Munyard, Ardan sales support and RL360’s three Middle East region sales managers, Anirban Paul, Steve Hopkinson and Steve Noon.
Shilcock, said: “Obtaining a DFSA licence will help us to further build on the strong relationships we have established with many regulated financial-adviser firms. It also underlines our long-standing commitment to the UAE market.
He added: “The IFGL DIFC team is also looking forward to the opportunity of new conversations with other regulated intermediary firms whose customers would benefit from RL360 products and the Ardan International platform.”