Posted inPeople Moves

UBP Singapore boosts Asia coverage with team expansion

The addition of seven seasoned professionals will allow the Swiss private bank to strengthen its presence in key growth segments within the region.

Union Bancaire Privee (UBP) is strengthening its Singapore-based team with the addition of seven experienced practitioners.

The move will enable the Swiss firm to deepen its penetration in the ultra high net worth (UHNW) and family office segments, according to an announcement on 4 July.

Among the latest additions to the team is Jennie Hananto, who is joining as market head for southeast Asia. Her responsibilities include overseeing UBP’s ongoing strategy to grow its presence in the region.

Hananto is joining UBP from EFG Private Bank, where she led the southeast Asia team. Prior to that, she was vice chair of Southeast Asia at Bank J. Safra Sarasin.

Another addition to the UBP team is Donniel Low, who will become team head and oversee expansion of the bank’s UHNW segment.

Low was most recently an investor in start-ups, before which he held several roles such as team and UHNW senior client advisor at United Overseas Bank (UOB).

Meanwhile, UBP is also building up its greater China team with the recruitment of Yi Mun Tse, who will be market head for the region.

Before joining UBP, Tse was market head of Deutsche Bank Wealth Management, greater China, and previously held a similar position at HSBC Private Banking.

UBP has also welcomed four senior relationship managers: Lim Kean Choon, Valerie Tan, Zen Cheng, and Whilton Leo.

Before joining UBP, Lim was managing high net worth clients at UOB Private Bank Singapore, as well as HSBC Private Bank, Singapore.

Tan was previously with Bank Pictet & Cie (Asia), Bank of Singapore, and Barclays Bank PLC (Wealth & Management Investment) while Zen joins UBP from Goldman Sachs’ global markets division.

Meanwhile, Leo was a relationship manager at EFG Bank in Singapore, and also worked at Bank J. Safra Sarasin.

Part of the Mark Allen Group.