Published by Wealth Briefing Asia – 8th May 2018
UBS has appointed a former senior Bank of Singapore manager, Connie Ong, as market head for Malaysia, this publication can reveal.
This news service had heard from sources that Ong, who was co-market head, Malaysia, at Bank of Singapore, had resigned from that firm at the end of March.
In her new role, Ong joins the Swiss banking group on 2 July. She will report to August Hatecke, head of UBS Wealth Management for Southeast Asia.
Before her role at Bank of Singapore, Ong worked for nine years at Standard Chartered, starting as head of financial institutions at the wholesale bank in Malaysia before moving to Singapore in 2009 to be head of investment advisory, SEA, in the private bank. The following year, she became a desk head covering Malaysia, Thailand and Brunei clients.
In earlier roles, Ong was CEO at Alliance Capital Asset Management, chief investment officer in KLCS Asset Management and a fund manager at Prudential Assurance. She started her career in finance as an analyst and salesperson at a local brokerage, TA Securities. Connie graduated from National University of Singapore in Accountancy, is also an Australian Chartered Accountant and a CFA charter holder.
Late last week, this publication also reported that UBS appointed Bryce Wan, formerly from Goldman Sachs, taking up the role of country team head for ultra-high net worth clients in China. Wan is based in Hong Kong. Other recruits are Jenny Su and Zhang Xin, desk heads previously. They have been named as country team heads for UHNW China country team (based in Singapore) and UHNW China country team respectively. Xin is based out of Hong Kong.