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EFG strengthens Asia advisory board

Two industry veterans have joined the private bank's advisory board.
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EFG Bank AG today announced the appointment of Dr. Urs Buchmann as vice chairman and Ashish Gumashta as a member of its Regional Asia Advisory Board, effective immediately.

Buchmann has over three decades of experience in Greater China. He was most recently vice-chairman of Credit Suisse in Hong Kong, driving the development of Credit Suisse’s activities in Greater China and other markets in the region, including Japan, Vietnam, Singapore, Thailand, Bangladesh and Mongolia.

Gumashta has three decades of experience with a focus on the Indian market, where he previously served as managing director of strategic initiatives at Motilal Oswal and as the executive chairman & CEO of Julius Baer, India.

Alexander Classen, chair of the Board of Directors of EFG International said: “We are delighted to welcome Dr. Urs Buchmann and Ashish Gumashta to our Regional Asia Advisory Board. With their extensive professional experience and expertise, I am convinced that they will be a valuable addition to the Advisory Board and will be instrumental in driving the further development of our strategy in this region, which is of key importance for the delivery of EFG’s growth ambitions.”

Boris Collardi, chairman of the EFG Regional Asia Advisory Board added: “Our robust performance in recent years highlights our strong presence and commitment to pursuing growth in the region. We are well positioned to capitalise on emerging opportunities, further enhance our offering for clients in the region and contribute to the bank’s long-term success.”

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