Mr Gadoya joins from Deutsche Bank, where he was in the UK key client group covering resident non-domiciled and non-resident Indian clients. During his time at Deutsche he also set up the bank’s London-based diamond and jewellery business.

In his new role Mr Gadoya reports to Gautam Kumar, head of the UBS Wealth Management’s global south Asia desk.

Earlier this month UBS bolstered its ultra high net worth business in South Asia with the appointment of  Reto Marx as managing director, UHNW country team head based in Singapore, joining the Swiss firm from Bank Sarasin-Rabo (Asia).

At his previous firm, Mr Marx was head of south-east Asia, where he led its marketing and business activities. In his new position, he reports to Daniel Harel, head of UHNW, south Asia.