UBP has hired a former executive from China Construction Bank as a team head for the Greater China market.
Victor Suen joins UBP as managing director and team head for Greater China, according to a statement, reporting to Greater China market head Jonathan Lin.
Based in Singapore, Suen will be tasked with strengthening the bank’s Greater China client coverage and providing bespoke advisory for the market’s ultra-high net worth clients.
He joins from China Construction Bank (Asia) where he was its deputy head of relationship management. Previously, he also held senior roles at Everbright Sun Hung Kai, HSBC and Bank of China (Hong Kong).
Asia Expansion
Asia continues to be a key growth driver for UBP, evidenced by its latest results which named the region as a major source for its 5.7 billion Swiss francs ($6.17 billion) in net inflows for 2021.
Between January 2021 and January 2022, UBP has hired 12 managing directors in the region across various business units including client relationship management, client advisory and wealth planning.