UBS Wealth Management has hired Philip Kunz from HSBC Private Bank as regional market head to drive growth in its Southeast Asia business.
The industry veteran started as a managing director late last month in Singapore. He reports to Christine Ong, CEO of the firm’s wealth management business in the city-state.
AsianInvestor understands Kunz will be leading the charge in Indonesia, one of the largest parts of UBS’s wealth management business in the region.
He is a direct replacement for Susan Co, the previous regional market head who in October was appointed to a team of senior advisers for UBS’s ultra-high-net-worth UNHW segment.
Most recently Kunz was regional...