Two senior UBS managers, Allen Lo, chief executive of UBS Wealth Management Hong Kong and Amy Lo, head of Ultra High Net Worth, Asia Pacific, have both been promoted from managing directors to group managing directors, this publication has learned.

Allen Lo has lived in Hong Kong for almost 25 years and has in excess of two decades of financial services industry experience. He joined UBS Wealth Management in August 1997 and was appointed deputy head of the wealth management business in Asia-Pacific in September 2006.

Amy Lo who can also lay claim to more than 20 years of wealth management experience has been head of the ultra high net worth business in Asia Pacific since January 2011.