People Moves
Wealth Boutique Appoints Ex-UBS Figure

The former UBS figure is joining Klay – a firm which provides wealth management, multi-family office, asset management and corporate advisory services.
Dubai-headquartered Klay
has appointed former UBS investment banker Ahmad Chaudry (main
picture) in the newly-formed role as its first global head of
structured products and derivatives. He is based in
Dubai.
Chaudry, who has nearly 20 years' experience
of structuring and executing bespoke solutions across
equities, fixed income, commodities and liquid alternatives, was
previously at UBS Investment Bank in Hong Kong, where
he served in a dual role as co-head of APAC Global Markets
Structuring and head of Global Markets Platform
Solutions.
Prior to these posts, Chaudry served in senior roles at UBS in
London, NatWest Markets (formerly RBS Global Banking & Markets)
and HSBC Investment.
Chaudry holds a bachelor’s degree in aerospace engineering from
the University of Manchester and a master’s degree in
quantitative trading and finance from Cass Business School.
Klay Group, which calls itself a “boutique financial services
firm providing wealth management, multi-family office, asset
management and corporate advisory services to ultra-high net
worth families and institutions,” operates from offices in
Dubai, India, Singapore, London, and Australia
and employs more than 140 people. It is regulated by
the Dubai Financial Services Authority, the Monetary Authority of
Singapore, the Securities and Exchange Board of India, the
Financial Conduct Authority UK, and the Australian Securities and
Investments Commission. Klay Group only serves professional,
accredited, and wholesale investors.
In May, Klay appointed former
Deutsche Bank senior figure Cheryl Wong (pictured below) as chief
operating officer in its Klay Singapore business.
Cheryl Wong