UBS Group AG reshuffled its Asia global banking division, appointing some senior Credit Suisse Group veterans to help bolster coverage and sector expertise across the region, according to an internal memo.
Kuan-Ern Tan, former co-head of investment banking for Asia-Pacific at Credit Suisse, has been named co-head of Asia coverage with John Lee, the existing head of Greater China. Tan will also partner with Nicolo Magni to build a “leading franchise” in Southeast Asia and South Asia, the memo said.
Kyungin David Lee is appointed head of global banking for Korea and vice chair for Asia to help cross-border activities between North Asia and Southeast Asia. Christian Deiss, a more than 24-year veteran at Credit Suisse, was made co-head of global industrials group for Asia with Eileen Chan, according to the memo.
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