Solas Fiduciary Services Strengthens Its Position in Dubai's Financial Sector

Solas Fiduciary Services Enhances Its Presence in Dubai

Solas Fiduciary Services, a prominent player in the field of directorships and corporate governance, has made significant strides in expanding its footprint within the Dubai International Financial Centre (DIFC). This strategic move involves the appointment of seasoned finance professional Craig Roberts to its team of independent directors.

With over three decades of experience in the financial services industry, Craig Roberts brings a wealth of knowledge acquired through key roles in fund management, investment banking, and fund administration. His deep engagement with the evolving financial landscape in the Middle East, particularly after spending 20 years in Dubai, positions him to play a pivotal role in Solas's expansion strategy.

Martin O'Regan, Managing Director of Solas Fiduciary Services, expressed enthusiasm over Craig's appointment, stating, "We are delighted to welcome Craig, a seasoned industry veteran, to Solas. This expansion enables us to extend the trusted services we provide in Singapore and Hong Kong to clients entering the Middle East. Being in the heart of a thriving financial ecosystem and close to leading global fund managers will accelerate our growth and enhance the value we deliver. Craig's addition marks a significant step forward for us."

Roberts echoes this sentiment and emphasizes the promising future of the UAE as a destination for fund managers. He comments, "I am excited to be joining Solas at this pivotal time. The UAE is clearly on an upward trajectory as an attractive option for fund managers looking for political and economic stability, transparency, strong governance standards, a robust regulatory framework, modern infrastructure, and a high-quality workforce. With several key governance initiatives being proposed - particularly around the compulsory regulatory requirement for onshore independent directors across the Middle East - Solas is well-placed for this timely enhancement."

O'Regan highlights, "Our strength lies in combining a global network with deep regional insight. We remain committed to delivering exceptional governance, supporting our existing clients across the Middle East, and forging strong new partnerships in this dynamic market." This commitment reflects Solas's unwavering mission to provide top-tier governance solutions, which encompass board support, fund structuring, service provider selection, regulatory analysis, and ongoing advisory services.

Since its inception in 2016, Solas Fiduciary Services has carved a niche as a privately owned firm specializing in directorships and corporate governance. With operational offices located in Singapore, Hong Kong, and now Dubai, Solas has established itself as Asia's leading independent provider in the sector. The firm's team comprises experienced professional directors with expertise spanning key international jurisdictions such as Singapore, Hong Kong SAR, Japan, the Cayman Islands, Dubai, the British Virgin Islands, and Bermuda.

Through its extensive global network that includes regions like the Americas, Caribbean, Europe, MENA, and Asia-Pacific, Solas seeks to empower clients navigate complexities associated with governance, ensuring successful outcomes across the entire lifecycle of their investment funds.

In summary, Solas Fiduciary Services continues to strategically align its resources and expertise as it enhances its presence in Dubai. With Craig Roberts onboard, the firm is poised to leverage regional opportunities while maintaining its commitment to governance excellence for clients operating in the Middle East and beyond.