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UBP - Union Bancaire Privée

Union Bancaire Privée reinforces its global sales network

Geneva (ots)

Union Bancaire Privée (UBP) announced today three
key hires within its Asset Management division, as part of the 
expansion of its sales activities in Europe and Asia.
UBP believes that there is significant potential in European 
markets and has appointed a new Head of Sales - Europe to focus on 
augmenting the service it provides to both private and institutional 
clients in the region. Nicolas Faller joins UBP on 1 November to take
up this new role; he also joins the Asset Management Executive 
Committee. Nicolas was previously Global Head of Distribution Sales 
and a member of the Executive Committee at BNP Paribas Investment 
Partners. Prior to BNP, he held a number of senior positions at 
Fortis Investments and Paribas Asset Management.
The European activities are being strengthened further by the 
creation of a new team to focus on the Benelux region. The team will 
be headed by Frédéric Peemans, who joins UBP from Robeco, where he 
was Head of Sales for Belgium and Luxembourg.
UBP is also boosting its presence in Japan, with the appointment 
of Kazuhito Yoshihara as CEO of its Tokyo office. After beginning his
career at Daiwa Securities, Kazuhito held senior management positions
at several leading asset managers in Japan, including Deutsche Morgan
Grenfell Asset Management, WestLB Asset Management and Fortis 
Investments. He joins UBP from BNP Paribas Investment Partners Japan.
Richard Wohanka, CEO of UBP Asset Management, underlined the 
strategic importance of these hires. "The asset management team has 
achieved considerable success this year in terms of broadening our 
product range and taking new services to our clients. This means that
we are well positioned to expand our efforts in Europe and across the
world, and these latest hires demonstrate that we are building a 
first-class team. Nicolas, Kazuhito and Frédéric bring with them 
enormous experience and knowledge of their markets."
About Union Bancaire Privée
Union Bancaire Privée, UBP SA (UBP) is based in Geneva and is one 
of Switzerland's leading private banks. Active in the field of asset 
management for both private and institutional clients and with a very
solid balance sheet, the Bank had some CHF 72 billion (USD 66.5 
billion) in assets under management as at 30 June 2010. UBP employs 
some 1,200 people in over 20 locations worldwide and provides a 
complete range of innovative investment products and services, both 
in traditional and alternative asset management, with the aim of 
achieving a high performance and protecting clients' capital.


Jérôme Koechlin
Head of Corporate Communications
Tel.: +41/58/819?26?40

Emmy Labovitch
Head of Marketing, UBP Asset Management
Tel.: +41/58/819?23?76

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