Can Warburg recover Thai eminence?

Sukit Chawalitakul has been recruited to aid the major changes afoot in UBS Warburg''s Thai operations.

After a string of bad news from its Thai office, UBS Warburg has enlisted a new recruit today. Sukit Chawalitakul has been brought in to cover energy, building materials and construction. He arrived for his first day in the Warburg's office today to join the five-person analyst team. He was formerly deputy head of Thai research at CLSA.

His boss will be Shane Gunther, who has assumed the mantle of Thai head of research at the embattled Swiss operation. His task will be to maintain the firm's status as Institutional Investor's top-ranked team.

This may prove tough. Former head of research, Timothy Taylor, moved to Hong Kong this month after...

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