UBS Adds Five To Hong Kong Prime Brokerage

Aug 27 2010 | 10:46am ET

UBS is continuing to beef up its prime brokerage business in Hong Kong with a handful of new hires.

The Swiss bank has added Avijit Choudhury to its systems desk from Bloomberg, and Henri Arslanian has been named an associate director for structuring and regulation consulting, Asian Investor reports. Arslanian joins from law firm Timothy Loh Solicitors.

UBS is also boosting its capital introductions and sales staff, with the hires of Cheryl Lau from Hillhouse Capital and another investor-relations staffer set to start next month. The firm has also added David Forsyth to its sales desk. Forsyth joins from Kerry Consulting, where he was a headhunter, but formerly worked in prime brokerage sales at UBS in Australia.

UBS has also promoted the newly-hired Ben Horner to head of business consulting in Asia. The former Elliott Associates and Cranmore Capital Advisers executive had been hired just last month as an executive director in prime brokerage sales.

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