UBS has appointed Yankun Hou as the Asia-Pacific head of its global industrials group in its investment banking unit.
The move, effective from the beginning of March, was announced in an internal company statement seen by FinanceAsia on Thursday.
Hou, who rejoined UBS in October 2011, made his name as an analyst covering the Chinese auto, auto parts, and dealership sectors and was most recently UBS’s chief China strategist and head of China research.
UBS said it will make further announcements about filling these positions in due course but that in the interim Ting Gao will lead its China equity strategy...
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