quantumrock Appoints Bernhard Brand as Managing Director of Quantumrock FZCO, Expanding Its Presence in the MENA Region

Dubai, UAE  – 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.

“We are thrilled to welcome Bernhard Brand as the Managing Director of Quantumrock FZCO. His proven leadership and extensive experience in the financial industry across the MEA region are invaluable to our mission. This expansion into Dubai is a testament to our commitment to innovate and enhance investment portfolios worldwide, and we are confident that Bernhard will lead Quantumrock FZCO to new heights.”

Stefan Tittel, CEO & Founder at quantumrock

“I am proud to support quantumrock’s highly compelling journey in the Middle East. quantumrock is proudly contributing to positioning Dubai as the premier global hub for gemstone trading and investments.”

Bernhard Brand, Managing Director of Quantumrock FZCO

quantumrock’s venture into the MEA region is driven by the aim to capitalize on the region’s robust investment appetite and foster innovation in investment portfolios. With its first product, Rough Gemstone I, achieving a volume of USD 175 million and the forthcoming Rough Gemstone II targeting USD 350 million, quantumrock is on a rapid growth trajectory. The company is actively working towards scaling the gemstone asset class, with a goal of reaching USD 1 billion in assets under management by the end of 2024.