UBS announced yesterday that it has appointed Allen Lo as country head for Hong Kong and chief executive of its Hong Kong branch.
Lo will retain his current responsibilities as deputy CEO of the bank's wealth management business in Asia-Pacific and CEO of wealth management in Hong Kong.
He succeeds Chi-Won Yoon who is stepping down to concentrate solely on his management responsibility for UBS's Asia-Pacific business.
Over the past several years Allen has played a leading role in the rapid expansion of our wealth management business and has spearheaded the development of our business in Greater China. He brings outstanding leadership qualities, commercial acumen, and a demonstrated track record...
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