His appointment is another example of the growth of the external asset management sector in Asia and the Middle East with high demand from clients for the model.

WealthBriefingAsia can confirm today from sources that industry veteran, Nagendra Y N, has joined UCAP Asset Management as board member and chairman for Asia and the Middle East. 

Nagendra was previously vice chairman and deputy chief executive for Asia at Bank J Safra Sarasin.

Part of the ING Asia private bank team that became Bank of Singapore, Nagendra became the Alternative CEO, global head, India Subcontinent, at the-then newly formed private bank.

His appointment is another example of the growth of the external asset management sector in Asia and the Middle East with high demand from clients for the model. This is an area that WealthBriefingAsia has extensively covered in recent years. (See an example of a research report.)