Head of Real Estate & Private Markets (REPM), Group Managing Director
Joe Azelby joined UBS Asset Management as Head of Real Estate & Private Markets (REPM) in March 2019. In this role he is responsible for the combined real estate, infrastructure and private equity asset management businesses that invest directly into real assets, unlisted funds, listed real estate securities as well as multi-manager solutions globally.
Joe is a member of the UBS Asset Management Executive Team.
Joe was the CEO of JP Morgan’s Global Real Assets Investment Group from 1998-2017. He led the transformation of their US real estate investment business into a leading, global real assets platform spanning private and public real estate, infrastructure and maritime/transport investments across the US, Europe, Asia and Australia.
The Global Real Assets Group had 500 investment professionals managing over USD 90 billion in assets spanning office buildings, shopping malls, apartments, warehouses, airports, toll roads, hospitals, wind farms, solar fields, water, gas and electric utilities and other operating assets.
In 2012, Joe conceptualized and co-authored “The Realization” white paper that correctly predicted and explained the increasing allocations to real asset investments.
Prior to joining UBS Asset Management, Joe spent fourteen months at Apollo Global Management as Senior Partner and Head of Real Assets and a member of the firm’s Management Team. During his tenure he reshaped Apollo’s real estate organization and explored both investment and platform opportunities in the infrastructure and agriculture sectors.
Professor of Finance & Director, IMD World Competitiveness Center (WCC), Lausanne
Arturo Bris is Professor of Finance at IMD. Since January 2014 he is also leading the world renowned IMD World Competitiveness Center.
At IMD he directed the Advanced Strategic Management from 2009-2014. He has directed programs for senior executives in several industries and continents. Prior to joining IMD, Professor Bris was the Robert B & Candice J. Haas Associate Professor of Corporate Finance at the Yale School of Management (USA). A Research Associate of the European Corporate Governance Institute, and a member of the Yale International Institute for Corporate Governance, he has worked extensively on issues of Corporate Governance, Financial Regulation, and International Valuation.
His research and consulting activities focus on the international aspects of financial regulation, and in particular on the effects of bankruptcy, short sales, insider trading, and merger laws. Arturo Bris has also researched and lectured on the effects of the Euro on the corporate sector, as well as on the valuation impact of corporate governance changes.
Arturo is passionate about global competitiveness, financial development and macroeconomics. His latest research identifies the relationship between income inequality, social mobility and competitiveness. He is also developing a competitiveness-based investment portfolio that track the best and worst economies.
His work has been published in the Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies, the Journal of Legal Studies, and the Journal of Business, among others.
Professor Bris taught Corporate Finance and Investment Banking at Yale from 1998 to 2005, where he received the Best Teacher Award twice. His consulting experience includes companies in Asia, the US, and Europe.
He is the President of the Board of Trustees of IMD Pension Foundation, and a member of the Supervisory Board of the International School of Lausanne. He is a frequent speaker in international conferences, and appears regularly on international media outlets.
Professor Arturo Bris ranks among the top one hundred most-read finance academics in the world. He graduated in Law and Economics from Universidad Autónoma de Madrid, and received an MSc from CEMFI (Foundation of the Bank of Spain). He holds a PhD in Management from INSEAD. He enjoys reading, road- and mountain-biking, and playing bass guitar.
Willem van Breugel
Willem van Breugel
Head of Global Sovereign Markets, UBS Asset Management
Willem is Head of Global Sovereign Markets, with responsibility for all sovereign institutional client activity globally. This includes SWFs, Central Banks, national pension funds and other government agencies.
Willem is a Member of the Management Committees for UBS Asset Management in EMEA and the Institutional Business globally.
Willem joined UBS Asset Management in 2017 as Head of Global Sovereign Markets.
Willem began his financial career in 1990 working in Equity Sales, initially for Lehman Bros, followed by Morgan Stanley, both based in London. He spent 21 years at Morgan Stanley in a variety of roles, both as a senior coverage person and manager including co-Head of Cash Equity Sales in Europe with specific responsibility for Continental Europe. He was a member of the Operating Committee in Morgan Stanley's European Equity Division.
Years of financial industry experience: 28
Education: European Business School (London), Diploma in European Business Administration
Senior Strategist, Asset Management, Bank for International Settlements, Basel
Pierre Cardon, CFA, is Senior Strategist, Asset Management within the Banking Department of the Bank for International Settlements (BIS) in Basel, Switzerland.
Pierre focuses on asset management services to central banks/official institutions and coordinates cooperative initiatives, such as the Green Bond Fund or the Asian Bond Fund. He also serves as Secretary to the BIS Pension Fund Committee.
During his more than 30 years at the BIS, Pierre has been actively involved in expanding the BIS’ Banking activities, mainly by establishing an asset management business line and developing the BIS’s capital market operations.
In addition, Pierre is currently an advisory committee member of the European Pension Fund Investment Forum. He also served as a member of the CFA Institute’s Board of Governors from 2006 to 2012.
Pierre holds an MA in economics from the University of Louvain-la-Neuve in Belgium and an MBA from the University of Chicago.
Head of Strategy & Advice, Global Sovereign Markets, UBS Asset Management
As Head of Strategy in the team serving sovereign institutions globally, he analyses the market trends affecting the investment behaviour of central banks, sovereign wealth funds and other state-controlled investment institutions. He works closely with the investment teams in providing investment advice and developing tailored investment solutions for clients and prospects across regions. He is a member of the UBS Sovereign Investment Management Committee.
Max established himself as a global thought leader on the macroeconomic, financial and political trends in sovereign wealth management. He has often been called in by leading institutions as an expert on global economic and financial matters and regularly publishes articles and research on international economic policy and financial market issues and he is often quoted in the media. Among his publications The New Economics of Sovereign Wealth Funds in the Wiley Finance Series, a book providing a thorough guide to sovereign wealth funds.
In his fifteen year-long international professional career, Max has been UBS Head of Public Policy in Europe, Middle East and Africa, UBS Senior Economist for Emerging Markets and a consultant advising governments and corporates on behalf of international institutions such as the World Bank the International Monetary Fund and the European Commission.
Max holds a PhD in Economics from the University of Rome where he lectured and a Msc in Economics from the University of London. He is a Fellow at the New York University, Abu Dhabi and the Vice-Chairman of the Asset Management Investment Council (AMIC), International Capital Market Association.
Jonathan Davies, CFA
Jonathan Davies, CFA
Senior Portfolio Manager, Head of Currency Strategy, UBS Asset Management
Jonathan Davies is a Senior Portfolio Manager within the Investment Solutions team. He has spent the bulk of his time at UBS Asset Management in the London office but has been located in Zurich since 2019. Jonathan manages the firm's standalone currency strategies and the UK Balanced portfolios. He is a member of the Investment Solutions Investment Committee.
Jonathan joined UBS Investment Bank in 1992 as a bond analyst in the London, specializing in European bond markets. He joined UBS Asset Management's fixed income team in 1996 where he had responsibility for managing global bond portfolios. In 1998, he joined the Investment Solutions team, covering currency and multi asset strategy.
Other roles held at the firm include chair of the UK Investment Committee, which had oversight of all of the AM business conducted in the UK (approx. GBP 140bn AuM), and head of the Asset Allocation team on an ad interim basis.
Prior to joining UBS, Jonathan held positions at the Institute for Fiscal Studies and the Financial Services Authority.
Kurtulus Taskale Diamondopoulos
Kurtulus Taskale Diamondopoulos
Director, Central Banks and Public Policy, WGCl, London
Kurtuluş Taşkale Diamondopoulos, Director, Central Banks and Public Policy, World Gold Council. She works with official sector investment managers at central banks and SWFs around the world exploring the case for gold as a reserve asset as well as working on a wide variety of policy initiatives that affect the gold market.
Before joining the Council in 2016, she worked at the Central Bank of Turkey for 25 years. She acted in a leading role in the reserve and risk management as well as structuring the acceptance of gold within the framework of Reserve Option Mechanism. She holds MA in International Economics and Finance degree from Brandeis University, USA.
Chief Economist, UBS Global Wealth Management, London
I am the Chief Economist of UBS Global Wealth Management. I believe passionately that economics is something everyone can and should understand. We all make economic decisions all of the time. The problem is that economists tend to wrap economics in jargon and equations. We do not need to do that. It is my job to help people realise what they probably already know – by developing and explaining the UBS economic view in a clear way. To do this, I publish research (most of which you can find at www.ubs.com/pauldonovan) and appear in various print and broadcast media.
I tend to think of myself as a political economist, not a mathematical economist. I get very excited about lots of things in economics. Diversity, inflation, education, trade, inequality, and social change are some of the topics I am very enthusiastic about.
I joined UBS back in 1992 as an intern economist working in our investment bank. Decades later, I am still working as an economist at UBS. That probably says something about me, being an economist, working for UBS, or all three. As Chief Economist I sit on the Global Investment Committee. I am a UBS Opinion Leader and a UBS Pride Ally. I am also part of the UBS Nobel Perspectives program, and a supporter of the UBS Women in Economics program.
I have several published books. With Julie Hudson I co-authored "From Red to Green - How the Financial Crisis Could Bankrupt the Environment", and "Food Policy and the Environmental Credit Crunch - From Soup to Nuts". I was a contributor to the children's book published by the Guy Fox Project "How the World Really Works, the Economy". I authored "The Truth About Inflation" in 2015, and "Profit and Prejudice - the Luddites of the Fourth Industrial Revolution" will be published in November 2020.
I have an MA in Philosophy, Politics and Economics from Oxford University and an MSc in Financial Economics from the University of London. I am also an Honorary Fellow of St Anne’s College, Oxford and sit on their investment committee and development board. As for my hobbies, I am an amateur light-heavyweight boxer (prepared to defend my forecasts in the ring) and a keen if very definitely amateur skier.
EM Fixed Income, UBS Asset Management, Zurich
Uta Fehm is responsible for analysis and management of investments in Fixed Income portfolios. Based on a long-term experience as a Portfolio Manager in Fixed Income, Uta is delivering investment views and strategies to institutional, wealth management and wholesale clients globally, with a special focus on EM and Asian debt as well as on Global Debt strategies. In that role, she also advises clients in Fixed Income strategies, while representing the FI Portfolio Management team.
Prior to joining the firm, Uta worked at Deutsche Asset Management first for 3 years in the Client Relation department. Later on, she moved to the Fixed Income Portfolio Management team, co-building EM debt business and managing portfolios for institutional clients. She has investment industry experience since 1991 and had a special focus on managing emerging markets debt portfolios for more than 20 years. Uta holds a Master’s degree in Economics from the Technical University of Dresden (Germany).
Jacob A. Frenkel
Jacob A. Frenkel
Chairman of the Board of Trustees of the Group of Thirty (G30) and former Governor, Bank of Israel
Prof. Jacob A. Frenkel is Chairman of the Board of Directors of the financial firm Plus500, and of BrainStorm Cell Terapeutics. He is also the Chairman of the Board of Trustees of the Group of Thirty (G-30), a private, nonprofit, Consultative Group on International Economic and Monetary Affairs, and the Chairman of the Cabinet of Economic Expert of the Minister of Finance, the State of Israel.
Prof. Frenkel served as Chairman of JPMorgan Chase International (2009-2020), as Chairman and CEO of the G-30 (2001-2011), as Vice Chairman of American International Group, Inc. (2004-2009), and as Chairman of Merrill Lynch International (2000-2004). During 1991-2000 he served two terms as the Governor of the Bank of Israel. He is credited with reducing inflation in Israel and achieving price stability, liberalizing Israel’s financial markets, removing foreign exchange controls, and integrating the Israeli economy into the global financial system.
During (1987-1991) he was the Economic Counselor and Director of Research at the International Monetary Fund, and during 1973-1987 he was on the faculty of the University of Chicago where he was the David Rockefeller Professor of International Economics and Editor of the Journal of Political Economy.
He is a Fellow of the Econometric Society, a life-time Fellow of the International Economic Association, a Foreign Honorary Member of the American Academy of Arts and Sciences, Chairman of the Global Advisory Board of Value Base, a member of the Board of Directors of the National Bureau of Economic Research, of the Institute for National Security Studies (INSS), of the Japan Society, of the Peterson Institute for International Economics, of the Aspen Institute Italia and of the Council for the US and Italy. He is also a member emeritus of Temasek International Panel (TIP), a Senior Advisor of Temasek International Advisors, a member of the Competitive Markets Advisory Council (CMAC) of the CME Group, a member of the G20 Eminent Persons Group on Global Financial Governance, a member of the G20 High Level Independent Panel on Financing of the Global Commons for Pandemic Preparedness and Response, a member of the International Advisory Council of China Development Bank, and a Global Member of the Trilateral Commission.
Prof. Frenkel is a Laureate of the 2002 Israel Prize in Economics, a recipient of the Scopus Award from the Hebrew University, the Hugo Ramniceanu Prize for Economics from the Tel-Aviv University, the Czech Republic’s Karel Englis Prize in Economics, the “Order de Mayo al Merito” (in the rank of Gran Cruz) decoration from the Government of Argentina, the “Order of Merit” (in the rank of Cavaliere di Gran Croce) decoration from the Republic of Italy, and the YIVO Lifetime Achievement Award. He is also a recipient of several Honorary Doctoral degrees and other decorations and awards, including the “1993 Economic Policy Award” by “Emerging Markets” and the “1997 Central Banker of the Year Award” by “Euromoney”.
Prof. Frenkel served as Chairman of the Board of Governors of Tel Aviv University (2013-21), where he is Chairman Emeritus and also Chairman of the Frenkel-Zuckerman Institute for Global Economics. He previously served as Chairman of the Board of Governors of the Inter-American Development Bank (1995- 1996), as Vice Chairman of the Board of Governors of the European Bank for Reconstruction and Development (1999-2000), as Governor of the IMF and Alternate Governor of the World Bank for Israel (1991-2000), as a member of the Economic Advisory Panel of the Federal Reserve Bank of New York (1986-2014), and a member of the Board of Trustees of the New York Economic Club (2013-2019). During 2009-2019 he served on the Board of Directors of Boston Properties, Inc., and of Loews Corporation.
Prof. Frenkel is the author of numerous books and articles in the fields of International Economics and Macro-Economics. He holds a B.A. in economics and political science from the Hebrew University of Jerusalem, and an M.A. and Ph.D. in economics from the University of Chicago.
Co-Head of Strategic Asset Allocation Modeling, Investment Solutions, UBS Asset Management, Chicago
Michele Gambera is Co-Head of Strategic Asset Allocation Modeling.
In this role he co-leads the team developing and maintaining quantitative models in asset allocation for both clients and the portfolio management teams in Investment Solutions.
Michele joined UBS Asset Management in 2010 from Ibbotson Associates, Morningstar’s asset allocation consultancy, where he had been Senior Research Consultant and Chief Economist since 2006. In his more than nine years at Morningstar, he was also a Senior Quantitative Analyst and then Chief Economist for Morningstar Associates LLC. Prior to joining Morningstar, he worked for the Federal Reserve Bank of Chicago for two years as an Economist in the Supervision and Regulation division.
Alongside his extensive economic and quantitative analysis experience, Michele has a strong academic background and has held various teaching roles, most recently on the Master of Quantitative Finance program at University of Illinois. He is often quoted by the press including the Wall Street Journal and the New York Times.
He is a member of the Chicago Quantitative Alliance and the CFA Society of Chicago.
Years of investment industry experience: 22
Education: Università degli Studi di Trento (Italy), BS (Laurea); Pennsylvania State University (US), MA, PhD
Head of Investments Group Managing Director
Barry Gill was appointed Head of Investments in November 2019 and is a member of the Asset Management Executive Team.
He was Head of Active Equities within UBS Asset Management from early 2016 and, before that, joined O’Connor in 2012 as a member of the management group where he ran a concentrated long/short strategy.
Prior to joining O’Connor, Barry was head of the Fundamental Investment Group (Americas) for nearly six years within UBS Investment Bank, investing and trading the firm's principal capital.
Barry moved to the US in 2000 from London to rebuild the long / short principal investing effort within Equities following the creation of O’Connor as a hedge fund business.
In his five years in London at SBC and UBS, he was co-head of Pan-European Sector Trading, a proprietary book, and co-head of European Risk Program Trading for two years, preceded by two years as the head of the French trading book. Barry joined SBC's European derivatives desk as a graduate trainee in 1995.
Senior Economist, OECD Development Center, Paris
Havard Halland is a senior economist at the OECD Development Centre, formerly a senior economist at the World Bank and visiting scholar at Stanford University. While at the World Bank, he advised governments on the legislation, establishment, and operations of sovereign funds. His work lies at the intersection of public and private finance, economics, energy, and sustainability. He is the lead or joint author of several books and of a number of research papers. His books have been published in several languages, and his op-eds have appeared in the Financial Times, Project Syndicate, Le Monde, Foreign Affairs, and on OMFIF, among others. Since 2020 he has been campaigning for the Norwegian government to set a portfolio-level net zero target for the Government Pension Fund Global, a campaign that garnered the support of some of the world’s most reputed economists and policy makers.
Virtual Assets Lead Products & Co-Lead Research & Intelligence, UBS Asset Management
Malte is Virtual Assets Lead within the Product group of UBS Asset Management as well as co-lead for the group wide Research & Intelligence team on the subject of virtual assets.
Before taking on this role, for the previous 15 years, Malte has held various senior client facing and product development related roles both at UBS Asset Management as well as tier 1 global banks.
He is an advocate for innovation within financial markets and particularly focusing on the adoption of Distributed Ledger Technology and Virtual Assets.
Malte holds a Bachelor’s and Master’s Degree in Business and Finance from the University of Applied Sciences Northwestern Switzerland and INSEEC Business School, Paris.
Global Head of Economics and Strategy Research, UBS Investment Bank, London
Arend is Global Head of Economics and Strategy research. He joined UBS in August 2016 from Brevan Howard Asset Management where he was head of Emerging Market research & strategy (2010-2016). Prior to that (2006-2010) he was an MD at Deutsche Bank where he ran EMEA macro research and FX strategy. He also spent 8 years (1998-2006) at the International Monetary Fund, where he was a senior economist working on many of the Fund's high profile programs and specializing in crisis resolution issues. Arend started his career at the Dutch Central Bank, where he worked as an economist in the Monetary and Economic Policy Department, and in the late 1990s was a member of the G22 Secretariat, a precursor to the current G20. He holds degrees in Economics and International Relations from Johns Hopkins University and business degree from the Netherlands School of Business.
Head of Political & Country Risk, UBS, London
Preston Keat is a managing director and head of political and country risk at UBS. In this role he oversees the bank’s country risk team, which analyzes a broad range of counties, as well as macro political and economic trends and themes. He also leads the firm’s internal "economist forum" and “risk think tank.”
Senior Advisor, Blockchain and Multiparty Systems, Accenture
Dr Ousmène Jacques Mandeng is a Senior Advisor and Lead of Economic and Financial Strategy with Accenture’s Blockchain and Multiparty Systems. He co-leads Accenture’s campaign for the dissemination of central bank digital currencies and thought leadership on the wider implication of the digital transformation in payments. He has worked more than 20 years holding senior positions in financial markets and at the International Monetary Fund. He has commented regularly on digital currencies and the international monetary system and is a Visiting Fellow of the London School of Economics and a Member of the Bretton Woods Committee. He holds a PhD from the LSE.
Founder Talking Heads Macroeconomics, London
Manoj Pradhan is the founder of Talking Heads Macroeconomics, an independent research firm based in London, and co-author of the “The Great Demographic Reversal” with Charles Goodhart. Manoj was most recently Managing Director at Morgan Stanley where he led the Global Economics team, driving macroeconometric research into global economic themes and coining the term “the Fragile Five”. He joined Morgan Stanley in 2005 after serving on the faculty of George Washington University and the State University of New York. He has a PhD in economics from George Washington University and a Masters in Finance from the London Business School.
Head of Global Markets Division, Central Bank of Armenia
Aram joined Central Bank of Armenia in 2007 as a fixed income portfolio manager. He promoted to head of foreign reserves management team in 2010, is responsible for trade idea generation and execution in global fixed income, money and FX markets, supervises four portfolio managers and is a member of investment committee of Central Bank of Armenia.
Before joining Central Bank of Armenia, he spent few years as a research analyst for brokerage firm. Prior to that, he worked as an investment consultant in various projects sponsored by the US government.
Aram graduated from Armenian State University of Economics.
Strategy & Advice, UBS Asset Management
Philipp Salman is a member of the Global Sovereign Markets team, working as a strategist and client advisor for the Head of Strategy, Max Castelli.
As part of that role, Philipp analyzes global economic and financial trends affecting the investment behavior of Central Banks, Sovereign Wealth Funds and other state-controlled investment institutions and contributes to their strategic and investment decision-making processes. He advises clients on strategic and tactical asset allocation and works with clients and portfolio managers in developing investment, advisory and training solutions tailored to the sovereign institutions client segment.
Philipp joined UBS Asset Management – Global Sovereign Markets in 2015. In his previous professional career at UBS, Philipp was an Equity Trader for US securities at UBS Investment Bank and a member of the UBS Investor Relations team located in Zurich.
Years of financial industry experience: 12
Education: University of St. Gallen (Switzerland), Lic. oec. HSG
Executive Director of Risk Management and Transaction Support Department, Czech National Bank
Jan Schmidt serves as the Executive Director of Czech National Bank, Risk Management and Transaction Support Department. In his role, he is primarily responsible for setting of the Bank strategic asset allocation and defining the risk profile of the Bank. That includes currency composition of reserve, asset classes, duration, credit and liquidity benchmarking and guidelines. Compliance with applicable regulation on foreign markets is part of his responsibilities. Apart from this, his department contains back office and middle office functions, SWIFT operation and is managing a portfolio of correspondent banking and custody service providers. From 1 January 2019 he is also in charge of operating the central Czech koruna interbank clearing system and operating one of two central securities depositories in Czech Republic.
Jan Schmidt graduated from Faculty of Nuclear Sciences and Physical Engineering of the Czech Technical University in Prague in 1989. He holds MBA from London International Graduate School (US).
Regional Sales Head, UBS Hedge Fund Solutions Managing Director
René Steiner is a Regional Sales Head for UBS Hedge Fund Solutions.
René is primarily responsible for business development and client servicing in German speaking regions. His principal focus is on government, institutional and corporate clients.
René initially joined UBS in 1988, where he worked for over 15 years in the Equities and Derivatives business of UBS Investment Bank in Geneva, New York and Zurich as Senior Trader, Market Maker and Portfolio Manager. Laterally as Co-Head of Swiss Equities and Derivatives Sales for institutional clients, and previously as Market Maker/Senior Trader for Equities and Derivatives.
René started his career as an Assistant Controller with the St. Gallische Kantonalbank in 1986.
Precious Metals Strategist, UBS Investment Bank, London
Joni Teves is the Precious Metals Strategist within the UBS Economics and Strategy Research team, and is based in Singapore. She covers all four precious metals and is responsible for fundamental analysis, forecasting, and writing research pieces on these markets. She has been in the industry for 16 years, initially as a gold trader for the central bank of the Philippines, subsequently joining UBS as a precious metals strategist in 2011. UBS Precious Metals Research has been consistently voted #1 by clients in the Risk Magazine Survey since 2012. Joni holds a BS Business Economics degree from the University of the Philippines.
Head of Sustainable Investing, UBS Asset Management, Zurich
Lucy Thomas joined UBS as Head of Sustainable Investing for Asset Management in January 2022.
Lucy was previously Head of Investment Stewardship at TCorp, the financial markets partner of the New South Wales Government in Australia. In this role, she developed and implemented a global best practice stewardship framework using ESG integration, active ownership and collaboration across asset classes and was a member of the TCorp Management Investment Committee overseeing AUD110bn in assets.
Prior to this, she was Global Head of Sustainable Investment for Willis Towers Watson from 2014-2018, responsible for advising institutional clients and leading the integration of sustainability factors into the investment research process globally.
Lucy’s career spans funds management and started as an analyst in the Equities division at Morgan Stanley.
Lucy is a Chartered Financial Analyst (CFA) Charterholder.
Member of the Board, Head of Market Operations, Latvijas Bank
Raivo Vanags is responsible for foreign reserves management and domestic monetary policy operations; Deputy Head of the Investment Committee. Mr. Vanags has 25 years of investing experience and he has been with Latvijas Banka since 2002. He also represents Latvijas Banka at the European Central Bank's Market Operations Committee. He was the Board Member from 2008 to 2021 until the amendments to the Law on Latvijas Banka passed by the Parliament of the Republic of Latvia where Latvijas Banka switched to a single-tier management model (the board as an institution was eliminated). He is the author of several working papers which are included as chapters in the European Central Bank's internal research dossiers and a chapter in the RBS Reserves Management Trends 2013 book (Central Banking Publications) and is a frequent speaker at sovereign reserves management conferences. Prior to Latvijas Banka, he was an equities analyst at Latvijas Zemes Banka, he was running a boutique equities and insurance brokerage house Vertspapiri and worked successfully on setting up a new bank, Regionala Investiciju Banka. Raivo holds a B.Sc. in Business Administration and Economics from the Stockholm School of Economics in Riga, and a M.Sc. in Economics specialising in Finance and Credit from the University of Latvia, and is a CFA charterholder.
Prof. Dr. Axel Weber
Prof. Dr. Axel Weber
Former Bundesbank President and ex-Chairman UBS
Axel A. Weber has been Chairman of the Board of Directors of UBS since 2012. He is Chairman of the Institute of International Finance, Vice Chairman of the Swiss Bankers Association and a member of the Group of Thirty as well as the Trilateral Commission, among others.
Mr. Weber was president of the German Bundesbank between 2004 and 2011, during which time he also served as a member of the Governing Council of the European Central Bank, a member of the Board of Directors of the Bank for International Settlements, German governor of the International Monetary Fund and as a member of the G7 and G20 Ministers and Governors.
Mr. Weber's academic career includes professorships at the Universities of Cologne, Frankfurt / Main, Bonn and Chicago. He holds a PhD in economics from the University of Siegen, where he also received his habilitation.
Chief Executive, Hong Kong Monetary Authority, Hong Kong
Mr Eddie Yue was appointed Chief Executive of the Hong Kong Monetary Authority (HKMA) from 1 October 2019. He began his career as an Administrative Officer in the Hong Kong Government in 1986. He joined the HKMA upon its establishment in 1993 and was promoted to Division Head a year later. He was appointed Executive Director in 2001 and subsequently Deputy Chief Executive in 2007 before taking up his current position.
Mr Yue has participated in numerous areas of the HKMA’s work. During his tenure as Deputy Chief Executive, he steered major policies and initiatives relating to reserves management, research, external affairs and market development. Mr Yue was also actively involved in tackling major financial crises and played an instrumental role in enhancing the Linked Exchange Rate System.
Mr Yue was educated at the Chinese University of Hong Kong and the Harvard Business School.
China Economist, Asia Economics, UBS Investment Bank, Hong Kong
Dr. Ning Zhang is Senior China Economist at UBS (Executive Director). Prior to joining the firm in 2013, Ning worked as an economist at China Investment Corporation (China's sovereign wealth fund) where he covered thematic research on the Chinese economy and policies. Ning's team (led by Tao Wang) was ranked No.1/1/2/1/2 in 2017/18/19/20/21 Asia II survey. Ning individually was ranked No.3 in 2020 Asia II survey and 2017/20/21 China II survey among all economists. Ning holds a PhD in economics from the Chinese University of Hong Kong. He received his BA in engineering and MA in management, both from Tsinghua University.
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