Union Bancaire Privee Reinforces Its Global Sales Network

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28th October 2010, 04:08am - Views: 1024





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MEDIA RELEASE PR41891


Union Bancaire Privee Reinforces its Global Sales Network


GENEVA, Oct. 28 /PRNewswire-AsiaNet/ --


    Union Bancaire Privee (UBP) announced today three key hires

within its Asset Management division, as part of the expansion of its sales

activities in Europe and Asia.


    UBP believes that there is significant potential in European

markets and has appointed a new Head of Sales - Europe to focus on augmenting

the service it provides to both private and institutional clients in the

region. Nicolas Faller joins UBP on 1 November to take up this new role; he

also joins the Asset Management Executive Committee. Nicolas was previously

Global Head of Distribution Sales and a member of the Executive Committee at

BNP Paribas Investment Partners. Prior to BNP, he held a number of senior

positions at Fortis Investments and Paribas Asset Management.


    The European activities are being strengthened further by the

creation of a new team to focus on the Benelux region. The team will be

headed by Frederic Peemans, who joins UBP from Robeco, where he was Head of

Sales for Belgium and Luxembourg.


    UBP is also boosting its presence in Japan, with the

appointment of Kazuhito Yoshihara as CEO of its Tokyo office. After beginning

his career at Daiwa Securities, Kazuhito held senior management positions at

several leading asset managers in Japan, including Deutsche Morgan Grenfell

Asset Management, WestLB Asset Management and Fortis Investments. He joins

UBP from BNP Paribas Investment Partners Japan.


    Richard Wohanka, CEO of UBP Asset Management, underlined the

strategic importance of these hires. "The asset management team has achieved

considerable success this year in terms of broadening our product range and

taking new services to our clients. This means that we are well positioned to

expand our efforts in Europe and across the world, and these latest hires

demonstrate that we are building a first-class team. Nicolas, Kazuhito and

Frederic bring with them enormous experience and knowledge of their markets."


    About Union Bancaire Privee


    Union Bancaire Privee, UBP SA (UBP) is based in Geneva and is

one of Switzerland's leading private banks. Active in the field of asset

management for both private and institutional clients and with a very solid

balance sheet, the Bank had some CHF 72 billion (USD 66.5 billion) in assets

under management as at 30 June 2010. UBP employs some 1,200 people in over 20

locations worldwide and provides a complete range of innovative investment

products and services, both in traditional and alternative asset management,

with the aim of achieving a high performance and protecting clients' capital.


    

    Contact:

    Jerome Koechlin

    Head of Corporate Communications

    Tel.: +41-58-819-26-40

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    E-mail: jko@ubp.ch

    

    Emmy Labovitch

    Head of Marketing, UBP Asset Management

    Tel.: +41-58-819-23-76,

    E-mail: lae@ubp.ch


    SOURCE: UBS SA


Translations:


   Chinese - Traditional (http://asianetnews.net/Download.asp?ID=168076)




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