Citi Private Bank Nets Ex-Managing Director from UBS
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Citi Private Bank hires a former managing director from UBS to lead its South Asia FX advisory team based in Singapore.
Christian Schuwey joins the bank, effective immediately, with responsibilities to drive «significant growth» in Australia, Brunei, India, Indonesia, Malaysia, New Zealand, Philippines, Singapore, and Thailand, according to a statement, naming the South Asia region as the main driver of Citi Private Bank’s APAC FX business. Schuwey reports to Adam Cowperthwaite, managing director and head of capital markets, Asia Pacific at the private bank.
Schuwey was most recently a managing director with UBS where he led a team of FX advisors based in Singapore, Hong Kong, Tokyo and Taipei covering ultra-high net worth clients across the flow and structured products. Schuwey has over 30 years of experience and spent over a decade as an FX trader at UBS’s investment bank before shifting to its wealth arm where he developed direct, longstanding relationships with some of Asia Pacific’s largest UHNW FX trading clients.
He will be working in partnership with the bank’s front office and Cora Chiu, North Asia head of FX advisory, to increase understanding and usage of FX-linked products, hedging tools, and funding solutions.
Questions & Answers
Q.Which specific region will Christian Schuwey be focusing on to drive growth for Citi Private Bank?
Which specific region will Christian Schuwey be focusing on to drive growth for Citi Private Bank?
Christian Schuwey will lead the South Asia FX advisory team, with responsibilities for significant growth in Australia, Brunei, India, Indonesia, Malaysia, New Zealand, Philippines, Singapore, and Thailand.
Q.Who will Christian Schuwey be reporting to in his new role at Citi Private Bank?
Who will Christian Schuwey be reporting to in his new role at Citi Private Bank?
He will report to Adam Cowperthwaite, who is the managing director and head of capital markets for Asia Pacific at the private bank. This establishes his direct reporting line within the organisation.
Q.What is Christian Schuwey's professional background before joining Citi Private Bank?
What is Christian Schuwey's professional background before joining Citi Private Bank?
He was previously a managing director at UBS, leading an FX advisory team covering ultra-high net worth clients. He has over 30 years of experience, including over a decade as an FX trader at UBS's investment bank.
Q.What are Christian Schuwey's primary objectives in his new position?
What are Christian Schuwey's primary objectives in his new position?
His main responsibilities are to drive significant growth across the specified South Asia region. He will also work with the front office and Cora Chiu to increase understanding and usage of FX-linked products and hedging tools.
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