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UBS Group AG has appointed Wiwi Gutmannsbauer as the Chief Operating Officer for the Asia-Pacific region. The company operates through four main business segments: wealth management (50.9% of revenues), investment banking (20.8%), retail and corporate banking (20.2%), and asset management (6.3%). By the end of 2023, UBS is set to manage USD 792 billion in deposits and USD 639.8 billion in loans.
UBS Group AG has appointed Wiwi Gutmannsbauer as the Chief Operating Officer for the Asia-Pacific region. The company operates through four main divisions: Wealth Management, Investment Bank, Client Bank and Commercial Bank, and Asset Management, managing USD 792 billion in deposits and USD 639.8 billion in loans by the end of 2023. Analysts currently recommend a "Hold" with an average target price of 29.32 CHF, slightly above the last closing price of 28.96 CHF.
Wiwi Gutmannsbauer has been appointed Chief Operating Officer for the Asia-Pacific region at UBS Wealth Management, while retaining his role as COO of Global Wealth Management. He will commute between Singapore and Zurich, returning to the APAC region where he previously served from 2018 to 2021. Iqbal Khan, co-head of Wealth Management, emphasized Gutmannsbauer's experience and strategic position to support regional growth.
Wiwi Gutmannsbauer has been appointed Chief Operating Officer for the Asia-Pacific region at UBS Wealth Management, while retaining his role as COO of Global Wealth Management. He will commute between Singapore and Zurich, returning to the APAC region where he previously served from 2018 to 2021. Iqbal Khan, co-head of Wealth Management, emphasized Gutmannsbauer's experience and strategic position to support regional growth.
Wiwi Gutmannsbauer will assume the role of Chief Operating Officer for UBS's Asia-Pacific market region in early 2025, while continuing as COO for Global Wealth Management. A veteran of the bank since 1998, he previously served as regional COO in Asia and has extensive experience in various leadership roles. His appointment highlights UBS's strategic focus on growth in the Asia region, supported by Iqbal Khan, co-CEO of Global Wealth Management.
Wiwi Gutmannsbauer will assume the role of Chief Operating Officer for UBS's Asia Pacific market region in early 2025, while continuing as COO for Global Wealth Management. A veteran of the bank since 1998, he previously served as regional COO in Asia and will split his time between Zurich and Singapore. This appointment highlights UBS's strategic focus on growth in Asia, led by Iqbal Khan, co-CEO of the Global Wealth Management division.
Wiwi Gutmannsbauer has been appointed as the chief operating officer (COO) of UBS in the Asia-Pacific region, effective January 1, 2025, while continuing his role as global COO of the wealth management unit. A veteran of UBS since 1998, he previously served as regional COO for Asia from 2018 to 2021 and will be based in Singapore and Zurich. His appointment underscores UBS's strategic focus on growth in the Asian market, as highlighted by APAC president Iqbal Khan.
Wiwi Gutmannsbauer has been appointed as the chief operating officer (COO) of UBS in the Asia-Pacific region, effective January 1, 2025, while continuing his role as COO of the bank’s global wealth management unit. A veteran of UBS since 1998, Gutmannsbauer previously served as regional COO for Asia from 2018 to 2021 and will be based in Singapore and Zurich. This move highlights UBS's strategic focus on the importance of the Asia market for its wealth business, as noted by APAC president Iqbal Khan.
Wiwi Gutmannsbauer
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