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EXCLUSIVE: Swiss Firm's Singapore Business Continues Hiring Moves

Tom King

5 August 2014

Hot on the heels of several recent hires, EFG Bank's Singapore business has appointed another senior banker, Ana Isabel Gonzalez Encinas, this publication can exclusively report.

Encinas has been appointed as an executive director and will work with European and Latin American colleagues to cover these markets from Singapore for EFG, part of Switzerland-headquartered EFG International.

Encinas previously worked at Bank of Singapore where she held the role of desk head for LATAM and South Mediterranean.

Among recent hires at are those of Amrit Uppal from Barclays’s wealth and investment management arm, to lead its non-resident India business, and Rupinder Sehmi and Jagjit Matharu, also formerly of Barclays.

Zurich-listed EFG International, for which Asia is one of its markets, reported a net loss attributable to shareholders, under IFRS accounting rules, of SFr6.0 million ($6.64 million) in the first six months of this year due to one-off legal charges and provisions related to a US tax programme. Asia helped deliver double-digit growth rates for net new assets.