Today, Union Bancaire Privée announced that they have hired Richard Wohanka, former CEO of Fortis Investment Management, as the new CEO of the Bank’s Asset Management and Alternative Investments division. Mr Wohanka, who is a finance specialist of international renown, also becomes a member of the Bank’s Executive Committee.

“We are pleased that Richard Wohanka is joining UBP”, said Guy de Picciotto, CEO of UBP. “His global vision, his management skills and his long experience in international finance and asset management are a major advantage for our development strategy.”

By recruiting Mr Wohanka, UBP is confirming its strategy of developing a global asset-management platform, concentrating on the creation and distribution of products, marketing, the quest for performance and service quality for private and institutional clients. UBP Asset Management now has four activities: institutional asset management, the sale and distribution of products, alternative asset management and...