John Sturmey will be returning to UBS to become co-head of global capital markets GCM for Asia. He will work alongside Joseph Chee, who has been appointed to the same role. Sturmey and Chee will replace Steven Barg, who left the firm late last month to join Goldman Sachs.
UBS has once again moved quickly to fill a gap in its ranks, showing that it is intent not to let a few resignations have an impact on the day-to-day running of its business. And yet again, it has turned to in-house talent or, in the case of Sturmey, a banker with a long history at UBS.
Sturmey spent over 10 years with UBS...