The new hire's macro expertise, strategic leadership and long-standing contribution to the firm will enhance the bank's investment capabilities and support its continued expansion in the region, it said.

Switzerland-headquartered Union Bancaire Privée has appointed Peter Kinsella (pictured) as head of investment services UK.

In this newly-created role, Kinsella will lead the UK investment services team, with responsibility for investment strategy, asset allocation oversight and the delivery of UBP’s investment approach across UK client portfolios. He is also a member of the bank’s asset allocation and global investment committees, contributing to group-level investment positioning, risk management and product development.

In addition to his new London-based role, Kinsella will remain as UBP’s global head of FX & Precious Metals Strategy, a position he has held for more than seven years. During this time, he has helped shape the bank’s global foreign exchange, currency and precious metals strategy. Kinsella also has experience advising sovereign wealth funds, large institutions, corporates and family offices across a wide range of asset classes. Before joining UBP, he was head of emerging market research and global macro FX strategist at Commerzbank, the firm said in a statement.

“Peter’s appointment strengthens our UK investment platform at an important stage of its development,” Michaël Lok, group CIO and co-CEO asset management, said. “His macro expertise, strategic leadership and long-standing contribution to the firm will further enhance the depth of our investment capabilities and support our continued expansion in the region.”

With more than 200 investment specialists worldwide, the new investment management structure in the UK will enhance UBP’s expertise across asset allocation, risk management and currency strategy, the bank added.