UBS makes 'marquee' hire for Wealth Management

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UBS has announced the appointment of Gan Seow Ann as Vice Chairman, UBS Wealth Management South East Asia and APAC Hub.

This appointment will be a marquee addition to UBS's already deep bench of talent and demonstrates its commitment to strengthening its Wealth Management franchise in this fast growing region, covering South East Asia and domestic businesses in Taiwan, Japan, China and Australia. Seow Ann will join UBS in mid- August and be based in Singapore, reporting to Edmund Koh, Country Head, Singapore and CEO of UBS Wealth Management South East Asia & APAC Hub.

Seow Ann was until recently President of Singapore Exchange (SGX), where he had a distinguished career. He was responsible for developing and growing the community of participants for the stock exchange and derivatives exchange and market access services. He also led the drive to establish SGX as the premier listings venue for IPOs and debt raising capital. During his 11 years with SGX, he was actively involved in engaging regulators in the region to enhance the rules framework for the capital markets. Prior to joining SGX, he was Managing Director at Merrill Lynch responsible for the equities market in South East Asia.

Said Koh: 'South East Asia and the APAC Hub locations of Taiwan, Japan, China and Australia have been an increasingly important source of growth for Asia Pacific and we have seen many landmark capital market and M&A deals being brought to the market by leading entrepreneurs in the region. Our integrated bank which brings together wealth management, investment banking and global asset management capabilities to serve our clients has created a solid UBS franchise in this region'.

'Seow Ann's rich international and regional experience, as well as his strong relationships with entrepreneurs and business owners across the region will serve the firm well. Seow Ann will support us in strengthening our relationships with our existing clients and in forging new ones across the region. Additionally, he will be instrumental in providing our clients with deep insights to doing business in Asia'.

'Seow Ann is also well recognized by regulatory boards across the region. I am confident that Seow Ann's unique experience and insight to the region will be a valuable addition to our team as we work to grow our South East Asia and APAC Hub franchise'.

Said Gan Seow Ann: 'UBS's commitment to wealth management and upholding trust as its core business reaffirms my belief that this is an organization that will continue to pursue the highest global standards in the industry. I look forward to working closely with the stellar management team to extend UBS's growth and irrefutable lead in Asia Pacific'.

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