UBS appoints new head of IB in Thailand

Phumchai Kambhato brought over from Bualuang Securities.

UBS has appointed Phumchai Kambhato to a new position as head of investment banking for Thailand. Kambhato joins from Bualuang Securities, the investment banking subsidiary of Bangkok Bank, where he was head of investment banking.

Kambhato has a long, blue chip investment banking pedigree behind him having worked for JPMorgan in Bangkok, Singapore and London as well as for Schroders in London. He will report to UBS's co-heads of regional investment banking, Peter Burnett and Robert Rankin.

We've stayed the course in Thailand, says Rankin. Throughout the Asian financial crisis we maintained our presence and today we have the number one equities franchise. Phumchai's appointment reflects our commitment to...

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