UBS has hired two new executives in Hong Kong for its global family and institutional wealth unit in Hong Kong, finews.asia has learned.
Desiree Lam and Dabby Leung have joined UBS as market team heads for global family and institutional wealth (GFIW) Hong Kong, according to an internal memo seen by finews.asia, reporting to APAC co-head of GFIW LH Koh.
Lam rejoins UBS from external asset manager Pyxis Wealth Advisors where she was its managing partner. She first joined UBS in 2013 from Goldman Sachs before moving on to work at HSBC Private Bank. Lam replaces Bryce Wan who left to join HSBC Private Banking as its market head for North Asia.
Leung previously worked at Credit Suisse as a senior client partner covering the ultra-high net worth market in Hong Kong for 15 years. Previously, she started her career in corporate banking at Citi.
A spokesperson for the bank confirmed the contents of the memo.
