The former UBS figure is joining Klay – a firm which provides wealth management, multi-family office, asset management and corporate advisory services.

Dubai-headquartered Klay has appointed former UBS investment banker Ahmad Chaudry (main picture) in the newly-formed role as its first global head of structured products and derivatives. He is based in Dubai.

Chaudry, who has nearly 20 years' experience of structuring and executing bespoke solutions across equities, fixed income, commodities and liquid alternatives, was previously at UBS Investment Bank in Hong Kong, where he served in a dual role as co-head of APAC Global Markets Structuring and head of Global Markets Platform Solutions. 

Prior to these posts, Chaudry served in senior roles at UBS in London, NatWest Markets (formerly RBS Global Banking & Markets) and HSBC Investment.

Chaudry holds a bachelor’s degree in aerospace engineering from the University of Manchester and a master’s degree in quantitative trading and finance from Cass Business School.

Klay Group, which calls itself a “boutique financial services firm providing wealth management, multi-family office, asset management and corporate advisory services to ultra-high net worth families and institutions,” operates from offices in Dubai, India, Singapore, London, and Australia and employs more than 140 people. It is regulated by the Dubai Financial Services Authority, the Monetary Authority of Singapore, the Securities and Exchange Board of India, the Financial Conduct Authority UK, and the Australian Securities and Investments Commission. Klay Group only serves professional, accredited, and wholesale investors.

In May, Klay appointed former Deutsche Bank senior figure Cheryl Wong (pictured below) as chief operating officer in its Klay Singapore business.

Cheryl Wong