UBS makes Beniwal head of IB for Southeast Asia ex-Philippines

The new position reflects the growing importance of this region with regard to investment banking deal flows and revenues.

UBS has appointed Saurabh Beniwal to a new position as head of investment banking for Southeast Asia excluding the Philippines, according to a source. The appointment reflects the increased activity in this region, both for the industry as a whole and for UBS specifically

Beniwal will retain his current job as head of technology, media and telecoms TMT alongside his new position, but will relocate from Hong Kong to Singapore.

His new role will see him work closely with UBS’s senior bankers across Southeast Asia and coordinate the coverage between countries. He will report to Matthew Hanning and David Chin, who are joint heads of investment...

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