UAE digital wealth manager eyes European expansion

It has hired a banking veteran to grow its operation across the continent

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Abu Dhabi-based AI digital wealth manager FinaMaze is looking to expand into Europe.

The firm has appointed European banking specialist Michael McManus-Schouchana to lead its move into the region.

He previously worked for Merrill Lynch and JP Morgan in the US, as well as at Capgemini, IBM, HP and Oracle in Europe. Prior to joining FinaMaze, he was regional partner manager at Temenos, where he oversaw its activities in western and southern Europe.

Mehdi Fichtali, founder and chief executive of Finamaze, said: “Michael’s extensive knowledge of the European market will be invaluable as we expand our footprint across Europe.”

Based in Abu Dhabi Global Market (ADGM), FinaMaze is regulated by Financial Services Regulatory Authority (FSRA) and holds an extended asset management licence. It launched in Abu Dhabi in 2020.

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