Published by Wealth Briefing Asia – 19th December 2016
Vinay Gandhi, regional market manager for India, Indochina, Philippines and the global investors business, has resigned from UBS’s wealth business after been appointed to the role at the start of 2015, this publication can confirm.
The Swiss bank’s former country team head for India international and deputy regional market manager took over at the start of 2015 from Andi Reber to hold the post.
UBS has, separately, made a number of changes to its organisational structure in the Southeast Asia wealth management business. As well producing a simpler set-up, the changes elevate desk head and market head roles and are designed to bring more direct senior management focus to each country in question.
The new structure is effective from the start of 2017.
Jeremy McAteer as (market head for Philippines), Tian Ong Foo (market head of Thailand), Henk DeGlint (market head for Malaysia), and Eddie Gan (market head of Singapore) will report to August Hatecke, who is head of wealth management for Southeast Asia. Philip Kunz will continue as market head of Indonesia, while jointly taking on an additional responsibility supporting strategic transformation projects in Southeast Asia. Markus Vollenweider, of international markets Asia-Pacific, will also report locally to August.
At present, the Zurich-listed bank has over 1,000 client advisors in its wealth business in Asia-Pacific.
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