Dubai, UAE – February 21, 2024 – quantumrock, the innovative financial company renowned for integrating gemstones into the investment sphere, proudly announces the appointment of Bernhard Brand as Managing Director of quantumrock FZCO. This strategic move accompanies the establishment of their new subsidiary in Dubai, marking a significant step in quantumrock’s expansion into the Middle East and Africa (MEA) region.

Quantumrock FZCO is set to serve as the regional hub into MEA, underpinning the company’s commitment to revolutionizing global investment paradigms through its unique, asset-backed, short-term investment products centred on gemstones. The establishment of Quantumrock FZCO signifies a milestone in the company’s journey to transform the global investment landscape, leveraging the untapped potential of gemstones as a premier asset class characterized by scarcity, a relatively high resilience to inflation, and historically stable returns. Quantumrock FZCO will further advance the local gemstone market with its goal of storing a substantial amount of cut and polished coloured gemstones in Dubai.

Bernhard Brand, with a distinguished career spanning over three decades in the banking sector, brings a wealth of experience and regional knowledge to quantumrock. His extensive background in Global Corporate and Private Banking, coupled with his deep expertise in Business Governance, positions him as an ideal leader for Quantumrock FZCO. Brand’s professional journey includes significant roles across the Middle East, notably as the CEO of Hinduja Bank Middle East Ltd, alongside leadership positions at National Bank of Abu Dhabi PJSC and Mashreqbank PLC’s Private Banking division.