UBS has made some further leadership changes in its capital markets team in Asia that makes Joseph Chee the sole head of global capital markets GCM in the region and promotes Sam Kendall to head of equity capital markets ECM. Kendall was previously head of equity syndicate for Asia.
The changes mean that John Sturmey is stepping down from his role as co-head of GCM, which he has shared with Chee since the middle of last year. According to an internal memo, a further announcement will be made in due course and sources said Sturmey is currently discussing his future role with the bank.
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