People Moves

Clariden Leu Continues Asia Expansion, Hires Senior Ex-UBS Manager

Tom Burroughes Group Editor London 10 June 2010

Clariden Leu Continues Asia Expansion, Hires Senior Ex-UBS Manager

Clariden Leu announced that it has appointed Peter Buehler as head for the European market and external asset managers in Asia. He joins from UBS AG Singapore.

Clariden Leu, the Swiss private banking group, has made a further senior appointment in the Asian region, announcing that it has appointed Peter Buehler as head for the European market and external asset managers in Asia. He joins from UBS AG Singapore, where he was head of financial Intermediaries for South East Asia.

In his new role, Buehler is responsible for European clients and external asset managers who want to book their assets in Singapore. He has worked at UBS since 1989 and worked for other organisations including Deutsche Bank Geneva and Falck & Cie Private Bank in Lucerne, Switzerland.

He started his new role at the start of this month and is based in Singapore. Buehler reports directly to Othmar Foffa, head Southern Europe, based in Lugano, Switzerland.

"Our European clients are increasingly looking for investment opportunities in Singapore given its key position as one of the leading wealth management booking centers in the world. As such, Peter Buehler is an important strategic hire for Clariden Leu since he has extensive European experience and excellent client relationships which are in line with our target clientele in the region,” said Erich Pfister, head private banking Middle East and Asia.

Earlier in June, the bank, part of Credit Suisse, announced that Matthew Man was named director and senior investment advisor, working closely with relationship managers to deliver the full range of investment services to Hong Kong-based clients. Prior to his new role, he was the director and investment advisor at Deutsche Bank Private Wealth Management.

It also announced that Shirley Yap had been appointed director and head of wealth management solutions to the firm's wealth management unit in Hong Kong. She previously assumed senior executive positions at the likes of Deutsche Bank in Hong Kong, Prudential Bache Securities Asia-Pacific, and Citigroup.

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