UBS has appointed Kitty Bhaman to the newly created role of head of ultra high net worth advisory, reporting jointly to Michael Bishop and Perhad Merwanji, this publication can exclusively report.

Bishop is head of ultra high net worth and global family office for the UK and Merwanji is head of IPS (investment products and services) active advisory.

Bhaman will be leading a specialist team responsible for supporting the UHNW business, implementing the views of the chief investment officer and the bank’s themes in client portfolios.

She has 23 years of client relationship and investment management experience, starting with Bank of America in Singapore and Hong Kong, in 1989. Prior to joining UBS, Bhaman spent 12 years with Citi Private Bank, latterly as head of managed investment sales for Europe, Middle East and Africa.