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Crestbridge expands to Bahrain

Date: 04 Apr 2017

Citywealth

Crestbridge has completed its acquisition of Ohad Trust B.S.C., a Bahrain-based trust, fund and corporate services provider in Manama.

With regulatory consent having now been received from the Central Bank of Bahrain, Ohad has become part of the Crestbridge Group, which also has complementary offices in Jersey, London, Luxembourg and the Cayman Islands. A full rebranding of Ohad is planned for later in 2017 to bring the business fully under the Crestbridge brand.

Commenting on the new office Paul Perris, group managing director said: “We welcome the team from Ohad which has a wealth of experience of operating in the region spanning almost fifteen years.”

Graham Journeaux and Naser Obaid will continue to lead the Bahrain office of more than ten staff, and will be supported by staff transfers from the Crestbridge Group.

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