The new investment advisor was formerly head of structured products & research based advice, UK & Jersey during his first stint at the firm.

UBS has re-hired Greg Simmons as an investment advisor within the global South Asia office.

Simmons will report to executive director Anuj Chhabra, the firm said in a statement yesterday.

He was most recently head of client solutions UK at Coutts. Prior to Coutts, he was head of structured products & research based advice, UK & Jersey at UBS.

"I'm delighted to welcome Greg Simmons back to UBS,” said Nick Perryman head of wealth management, global emerging markets London. “We are strongly committed to growing our Global South Asia business, and I am confident that Greg's in-depth knowledge of markets and products will help us do that."