Mouhammed Choukeir

Spear’s Review

Upon the acquisition of SG Kleinwort Hambros by Union Bancaire Privée (UBP) in April 2025, Mouhammed Choukeir was named CEO of UBP UK, leading the bank’s wealth management operations in the UK, Channel Islands and Gibraltar.

Choukeir previously acted as CEO – and prior to that CIO – at SG Kleinwort Hambros. The acquisition now makes UBP one of the largest family-owned, pure-play private banks in the UK: UBP’s total AuM stood at CHF 171.7 billion as of June 2025, up from CHF 154.4 billion at end-2024, after the absorption of SG Kleinwort Hambros.

In a statement following the announcement, Choukeir said: ‘Becoming UBP is a fantastic result for our clients and teams. The integration of the two organisations, combined with the bank’s global presence, deep expertise in wealth and asset management, and entrepreneurial spirit, positions us well to deliver exceptional solutions for clients.’

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