Select a page

Banking News

UBS appoints former executive to lead APAC corporate client business

UBS appoints former executive to lead APAC corporate client business

(14 August 2017 – Asia) Former UBS executive David Chin is returning to the bank as its new head of its Asia Pacific corporate client solutions business.

Chin will take over the role from Sam Kendall who will be relocating to New York as the head of the bank's global equity capital market (ECM) business. he returns amid high-profile exits from the bank's Asia investment banking business in the last year as a global lenders battled a difficult operating environment in the region.

He will start in early September and focus on accelerating UBS investments to deliver profitable growth, the memo said.

The corporate client solutions unit comprises the bank's merger and acquisitions advisory business and the teams helping with stock market listings, bond issues and other types of financing.

"Having Sam located in New York, a critical market for us, but one where we have been historically underweight in ECM ... will ensure that the global business benefits fully from his experience and guidance," an internal memo, confirmed by the bank said.

In his previous stint at UBS, Chin was involved in advising on several China outbound deals and closely worked with several Chinese financial institutions on their fund raising and M&A activities.

East & Partners's avatar

Comment on this article

 

Your comments will not be published. Required fields are marked *

 

Please enter the word you see in the image below:


Subscribe

Subscribe to our mailing list

Sign up now to keep up-to-date with the latest
market news and insights in B2B banking.

* indicates required

For more information please read our Terms and Conditions and Privacy Statements.