UBS this week named Hong Kong-based Paul Redbourn as its managing director and head of client trading and execution in Japan.
Redbourn, who will shortly relocate to Tokyo, will report from a regional product perspective into Laurent Combalot, who heads client trading and execution for UBS across the Asia-Pacific region, and locally into Hiroshi Udagawa and Hirofumi Takaku, who jointly head the Swiss bank's Japanese equities operations.
Redbourn joined UBS 19 years ago and moved to the Hong Kong-based Asia ex-Japan facilitation team in January 2000. More recently, Redbourn headed UBS's APAC Facilitation & Quant trading efforts.
Hugh Kerridge, will take over as UBS's head of Asia ex Japan facilitation while Stuart Currey will lead its Asia ex Japan quant trading efforts. Redbourn will remain Head of APAC Facilitation and Quant Trading.
In addition, Luke Clayton has joined UBS in Tokyo as a managing director and senior relationship manager. Clayton has more than 15 years of experience in the Japanese equities business. His most recent position in the industry was with Goldman Sachs as Head of Japanese and International Equity Distribution, responsible for global distribution of Japanese, Asian and US cash products.
Clayton will be working closely with Genichiro Misumi in Japan and with other senior relationship managers in other regions.
"These additions to our Japan team follow [the] 13 other equity hires we made in 2013," Mark Panday, a Hong Kong-based spokesman for UBS, said.
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