UBS hires

UBS strengthens real estate team

Fergus Horrobin and Henry Wong move up the ladder at UBS, while Galen Lee joins the firm from BoA Merrill. In another move, Joe Zhang leaves UBS to work for a Chinese micro-loan company.

UBS has made a number of changes to its real estate team, promoting Fergus Horrobin and Henry Wong, and poaching Galen Lee from Bank of America Merrill Lynch.

Horrobin has been promoted to head the real estate, lodging and leisure investment RELL banking group. He became chairman of the group in Asia in 2010, having earlier worked as part of the real estate corporate finance group in Britain and Europe. “During his time in Asia, he has been instrumental in ensuring the business has maintained its focus and momentum,” said a UBS internal memo, which FinanceAsia has seen.

UBS has hired Lee from Bank of...

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