UBS Wealth Management was again named AsianInvestor's Private Bank Award of the Year for its continuing efforts to innovate and improve its offering.
Our next two most influential gatekeepers are Agnes Sng, who helps get Asia-centric funds on BNP Paribas's wealth platform, and Paul Stefansson, who leads UBS WM's portfolio specialists team in Singapore.
Current Southeast Asia head Edmund Koh will take up the new position, replacing Kathy Shih, who was also promoted recently.
The Asia-Pacific head of distribution at UBS tells AsianInvestor that the funds industry needs to specialise and streamline. The 30-year veteran says he wants to work with managers that have 'something different'.
BSI names new Asia chief; BlackRock adds equity PM; RBC WM hires head of discretionary; LaSalle creates Australia funds head role; AMP Capital continues revamp; Challenger replaces funds chief; RHB appoints retail head; Milbank opens Korea office; and Withers partners Khattar Wong.
The wealth management unit is set to announce the promotion of Adrian Schatzmann to the role. He will relocate to Zurich, with UBS seeking a replacement in Asia.