Wiwi Gutmannsbauer, who has been with UBS since 1998, will take on the role of Chief Operating Officer (COO) for the Asia Pacific (APAC) market region in early 2025.
Gutmannsbauer's appointment as COO for APAC is in addition to his current responsibilities as COO for Global Wealth Management (GWM).
He previously served as regional COO in Asia from 2018 to 2021 and has held various leadership positions across different regions.
In his new role, Gutmannsbauer will split his time between Zurich and Singapore, reflecting UBS's focus on the Asia market.
Iqbal Khan, the head of the APAC region and co-CEO of GWM, highlighted Gutmannsbauer's suitability for the role, emphasizing the importance of Asia in UBS's wealth management strategy.
This move demonstrates UBS's commitment to strengthening its leadership presence in key global markets.