In response to growing client demand, Swiss bank UBP has strengthened its investment services capacities in Asia with two new senior hires.

UBP has appointed Alania Hsu Concepcion and Priscilla Wuersch-Ng to join its partner advisory team in South Asia – an important step for boosting the bank’s investment services capacities in the region, it said yesterday.

Hsu Concepcion joined UBP on 1 September 2022, as head of partner advisory, South Asia. Based in Singapore, she reports regionally to Edouard Hoepffner, head of investment services Asia, and globally to Philippe Henry, global head of advisory.

She will lead the team of investment advisors in South Asia and will play a critical role in shaping the partner advisory proposition in the future, the bank said in a statement. Concepcion's role is a new one at the Geneva-headquartered bank, a spokesperson told this news service. 

During her international career spanning over 20 years, Concepcion has held a number of senior positions across global markets and wealth management. She was the co-head of private banking coverage in Asia for Barclays Global Markets for seven years, as well as the head of investment consulting for the Singapore and Malaysia markets at Credit Suisse.

More recently, Concepcion was investment management team head for South-East Asia at Deutsche Private Bank in Singapore.

Wuersch-Ng joined UBP on 23 August 2022, as senior investment advisor, South Asia. She reports to Hsu Concepcion, based in Singapore.

As a seasoned investment professional with over 10 years of industry experience, the bank said that Wuersch-Ng will be a key member of investment services, advising clients across South Asia, with a particular focus on the bank’s growing Mandarin-speaking client base.

She has spent the last six years with the International Finance Corporation, World Bank Group, providing treasury solutions to institutional clients. Prior to that, she worked for six years at Standard Chartered Private Bank within the investment advisory team in Singapore.

UBP said it is ramping up its investment team in Asia in response to ever-growing client demand in the region. Over the past two years, UBP has appointed several senior hires to join its investment consulting team in Asia, including Frankie Tong, head of investment consulting, North Asia; Nicolas Wang, senior equity advisor, Asia Healthcare and China EVs; Vey-Sern Ling, senior equity advisor, Asia Technology; and most recently Anthony Kao, head of advisory solutions, Asia.

UBP has offices worldwide, with SFr148.2 billion ($151 billion) assets under management.