Alex Wilmot-Sitwell will join Bank of America Merrill Lynch as president for Europe and emerging markets (ex-Asia) less than a month after he was appointed to a new role as chairman of the investment bank at UBS.
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Alex Wilmot-Sitwell is heading for Bank of America Merrill Lynch</div>
In his new role, Alex Wilmot-Sitwell will become the most senior client relationship banker within the investment bank, leaving Chi-won Yoon as the sole CEO for UBS in Asia-Pacific.
Bank of America Merrill Lynch has lured Loh Boon Chye to the bank to become the deputy president for Asia-Pacific and head of Asia-Pacific global markets.
BoA Merrill hires rainmaker Margaret Ren as China executive and chairman, a week after the US firm announces it has hired veteran banker Loh Boon Chye.
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