Coutts adds Asia CIO, hints at more hires

UK private bank Coutts has announced the appointment of Gary Dugan as its new chief investment officer for Asia and the Middle East, based in Singapore. Dugan is set to join in July and relocate from Dubai, where he has worked since 2009 as CIO of Emirates NBD, a banking group with $81 billion in AUM formed through the 2007 merger of Emirates Bank International and National Bank of Dubai. He has been hired to replace Norman Villamin, Coutts’ former Asia CIO who himself is reloca…