UBS Names Co-Head of Australasia Equities

A veteran of the Swiss private bank, who left in 2016 after 23 years, is returning to the fold as co-head of equities for Australasia.

Based in Sydney, Chris Scott will begin his new role in August, working alongside co-head Steve Boxall and reporting to Asia-Pacific head of equities Taichi Takahashi, «AFR» reported on Friday, citing a memo circulated to UBS staff.

According to his LinkedIn profile, Scott first joined UBS in 1992 spent nine years in Sydney as part of the bank’s equity derivatives team, and subsequently relocated to Tokyo, where he built and managed UBS Japan’s equity trading and derivatives business for 11 years. In 2012, Scott moved to Hong Kong, where he was head of APAC equity derivative trading and co-head of APAC equity derivatives.

He returned to Sydney in 2016, and has since held roles at Asia Pacific Capital and HEAL Partners.

The report noted that Scott’s appointment comes amid several high-profile departures of senior investment bankers from UBS in Australia, including country head Matthew Grounds and head of capital markets and head of corporate advisory Guy Fowler in 2019.

Former co-head of investment banking Aidan Allen also left the firm earlier this month.