People Moves

UBS Makes Raft Of Appointments In Hong Kong

Tom Burroughes Group Editor London 16 January 2014

UBS Makes Raft Of Appointments In Hong Kong

UBS Wealth Management in Hong Kong has made two senior appointments, and related hires, to drive business in the region.

UBS Wealth Management in Hong Kong has made two senior appointments and related hires to drive its business in the region, this publication can confirm.

Adeline Chien has been appointed managing director and country team head of HK Team 1. She succeeds Becky Li who will retire at the end of March this year; Chien has worked in the private banking industry for more than 22 years for a number of institutions including Goldman Sachs, CitiBank and Barclays. She has also worked for UBS for a total of 11 years.

Li leaves the firm after having been at UBS Wealth Management since 2002; before that, she had worked at HSBC in Hong Kong.

As at the start of this year, Vicki Lee, managing director, was appointed as country team head of Hong Kong Team 6. She joined UBS in 2006 as a desk head in Hong Kong Team 5.  She has 20 years' experience of banking in Hong Kong and previously worked for HSBC and Standard Chartered.

As part of the changes, Francis Hung, desk head of Hong Kong Team 5, and his team, have moved to the newly-created HK Team 6 and report to Vicki Lee.

Both Chien and Lee report to Jean-Claude Humair, regional market manager for Hong Kong at the Zurich-listed banking group.

Among other appointments, Yu-Kyung Whang, executive director, transferred from Ernst Schuler's team to head a new desk in HK Team 6, reporting to Vicky Lee. This individual joined UBS Hong Kong in 2003 as a Senior CA from Citibank, and became desk head in 2006.

Henry Lau, executive director, will join as desk head to head a new desk in HK Team 1 on 4 February. He has worked in the commercial banking industry in Hong Kong for over 25 years with Shanghai Commercial Bank and brings a network with both retail and corporate clients. Lau will report to Adeline Chien.

It is understood that UBS has a strong pipeline of CAs and associates scheduled to join the firm later in 2014.

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