The asset management arm of UBS has appointed an investment banker as its new president for Japan.
Keith Truelove has been appointed as president of UBS Asset Management (Japan), according to a statement, effective June 1 and subject to shareholder approval. He succeeds Keiichi Miki, who headed UBS Asset Management Japan since 2014 and will retire after a 40-year career in Japanese and international finance.
Prior to the latest appointment, Truelove had served in various investment banking roles at UBS in Japan and the US for over 15 years, most recently as co-head of UBS Japan Securities. Previously, he also worked at Morgan Stanley, Mizuho Securities, and SMBC Nikko Securities.
Global Markets Sucessor
Following Truelove’s shift to UBS Asset Management, the Swiss bank’s global markets unit in Japan will be jointly led by Naohiro Kuroda and Sean McCarthy. Currently, Kuroda is co-head of the business while McCarthy is head of execution services and financing.
«We are delighted to welcome Keith to Asset Management,» commented Andy Toscan, UBS Asset Management’s head of institutional client coverage. «I am confident that our clients will benefit from Keith’s extensive knowledge and network that he has built over the past 25 years working with institutions active in Japan.»
