UBP has reshuffled its top leadership in the region with new appointments to lead the North and South Asia business. 

UBP appoints Ivan Wong as its new regional head of North Asia and Hong Kong branch chief executive, according to an internal memo seen by finews.asia, effective November 14 and subject to regulatory approval. 

Wong is a 35-year wealth management veteran and was most recently working at HSBC Private Banking as its co-head of North Asia. 

South Asia Switch

Wong will replace current North Asia head Eric Morin who will relocate to Singapore to become the bank’s regional head of Southeast Asia and the branch CEO for the city-state, subject to regulatory approval.

Morin succeeds Ranjit Khanna who will step down after more than six years in the role. According to the memo, Khanna will assist with transitioning his responsibilities and UBP will also «work with him to explore new opportunities for him within the bank’s wider network».

When contacted, a spokesperson for the bank confirmed the contents of the memo.