In late 2016 Union Bancaire Privee told finews.asia that the bank, despite acquiring the Asian wealth units from Coutts, would continue adding to its Asian business.
Further strengthening Union Bancaire Privee's (UBP) discretionary offering in Asia the bank has hired Paras Gupta as Managing Director, Head of Discretionary Portfolio Management, Singapore.
In the new role he will report to Edouard Hoepffner, Head of Investment Services, Asia, a bank spokesperson confirmed.
Gupta (pictured) will take on responsibility for leading the team based in Singapore in managing discretionary portfolios for ultra high net worth clients in Singapore and tailored portfolios across asset classes to clients in Southeast Asia.
Prior to joining UBP he was Head of Portfolio Management, North Asia at BSI Bank in Hong Kong for over four years.
Before that he was Senior Vice President - Tailored Portfolio Management Service at Coutts based in Singapore. He also worked with HSBC and Merrill Lynch in the lion-city.
He is currently based in Hong Kong and will relocate to Singapore.
