UBS appoints Ravi Raju Co-Head Global UHNW in Asia Pacific
Anurag Mahesh also joins UBS as Head Global Family
Office, Asia Pacific
Hong Kong/Singapore, 10 January 2017 – UBS, the world's largest global wealth manager, today announced the appointment of Ravi Raju as Co-Head Global Ultra High Net Worth (Global UHNW) in Asia Pacific. In his new role, Ravi joins Amy Lo, Head Wealth Management Greater China, Co-Head Global UHNW Asia Pacific and Country Head, Hong Kong, in leading UBS's Global UHNW business across the region. He is based in Hong Kong and reports to Josef Stadler, Head Global UHNW and Edmund Koh, Head Wealth Management Asia Pacific.
In a further appointment, Anurag Mahesh joins UBS as Head Global Family Office Group (GFO) in Asia Pacific. In this role he will report to Ravi, Amy and the Global Head of GFO, Sara Ferrari.
Josef Stadler says: "We see tremendous potential for the UHNW segment in Asia Pacific, and I am delighted to welcome Ravi and Anurag to our team. They have a successful track record and deep understanding of the sophisticated needs of UHNW clients and their expertise offers a terrific opportunity for us to further accelerate the growth of our footprint in this dynamic region".
Edmund Koh says: "Ravi is one of the top private bankers in the market. His experience and market insight complement the strengths of our management and will add further momentum to the growth of our business. This is an exciting time for UBS Wealth Management Asia Pacific. Our business is robust and we have one of the largest and most experienced wealth management teams in the region."
Ravi joins us from Deutsche Bank (DB) where he was the Asia Pacific Regional Head of Wealth Management (WM) since 2007 and a member of the Global Executive Committee of DB WM and DB's Asia Pacific Regional Executive Committee. From 2012 to 2015, Ravi was the APAC Head for DB's Asset & Wealth Management business that served both Institutional and Private clients in the region. The Institute of Banking & Finance conferred on Ravi its highest title "Distinguished Fellow" in 2009. He was also voted the Private Banker of the Year in 2013 by the Asian Private Banker Awards for Distinction, in recognition of his exemplary leadership of Deutsche AWM during a transformational time. After completing a MBA in Finance and Marketing from the University of Delhi, Ravi spent 16 years with Citigroup before joining Deutsche Bank.
Anurag was Global Head of Key Client Partners (KCP) for Deutsche Bank Wealth Management (WM) and a member of the DB WM Global Executive Committee. Prior to this, Anurag was DB WM’s Coverage Head for APAC and responsible for the KCP group in APAC. In both these roles, Anurag was closely involved in covering some of the largest WM clients in APAC while coordinating with the Investment Banking group to deliver broad solutions to clients. Anurag has 24 years of experience with Deutsche Bank and Citigroup and holds a Bachelor of Technology from the Indian Institute of Technology and a Post Graduate Diploma in Management from the Indian Institute of Management. He is a Chartered Financial Analyst (CFA) and a member of the Singapore CFA Society.
UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. The operational structure of the Group is comprised of our Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. UBS's strategy builds on the strengths of all of its businesses and focuses its efforts on areas in which it excels, while seeking to capitalize on the compelling growth prospects in the businesses and regions in which it operates, in order to generate attractive and sustainable returns for its shareholders. All of its businesses are capital-efficient and benefit from a strong competitive position in their targeted markets.
UBS is present in all major financial centers worldwide. It has offices in 54 countries, with about 34% of its employees working in the Americas, 35% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 13% in Asia Pacific. UBS Group AG employs approximately 60,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).