UBS appoints joint heads of China investment banking

Wei Cai, who joins from Morgan Stanley, and Zhao Ju, who is head of UBS Securities, will jointly fill the position left vacant when Henry Cai resigned to go to Deutsche Bank.

UBS has appointed Wei Cai and Zhao Ju joint heads of China investment banking to fill the vacancy that was created when the former head, Henry Cai, resigned in late June. Wei Cai is joining from Morgan Stanley where he was head of the Asia-Pacific industrials and transportation group, while Zhao is taking on the new role alongside his current positions as head of UBS Securities, the bank’s capital markets franchise in China, and chairman of China investment banking....

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