Swiss wealth management giant UBS has appointed a new Co-Head Global Ultra High Net Worth and a Head of Global Family Office Group for Asia Pacific.
The new hires, which have been widely expected, see UBS appoint Ravi Raju Co-Head Global Ultra High Net Worth (UHNW) in Asia Pacific and Anurag Mahesh joining UBS as Head Global Family Office, Asia Pacific, the bank confirmed in a statement today.
In his new role, Raju (pictured) will join Amy Lo, Head Wealth Management Greater China, Co-Head Global UHNW Asia Pacific and Country Head, Hong Kong, in leading UBS's Global UHNW business across the region.
He will be based in Hong Kong and report to Josef Stadler, Head Global UHNW, and Edmund Koh, Head Wealth Management Asia Pacific.
Prior to joining UBS Raju was with Deutsche Bank (DB) where he was the Asia Pacific Regional Head of Wealth Management (WM) since 2007, and a member of the Global Executive Committee of DB WM and DB's Asia Pacific Regional Executive Committee.
From 2012 to 2015 he was the APAC Head for DB's Asset & Wealth Management business that served both Institutional and Private clients in the region.
Anurag Mahesh joins UBS as Head Global Family Office Group (GFO) in Asia Pacific. In this role he will report to Ravi, Amy and the Global Head of GFO, Sara Ferrari.
Mahesh (pictured) was Global Head of Key Client Partners (KCP) for Deutsche Bank Wealth Management (WM) and a member of the DB WM Global Executive Committee. Prior to this he was DB WM’s Coverage Head for APAC and responsible for the KCP group in APAC. In both these roles he was closely involved in covering some of the largest WM clients in APAC while coordinating with the Investment Banking group to deliver broad solutions to clients.
«We see tremendous potential for the UHNW segment in Asia Pacific, and I am delighted to welcome Ravi and Anurag to our team. They have a successful track records and deep understanding of the sophisticated needs of UHNW clients,» said Stadler.