Union Bancaire Privée Rolls out its Strategy in Asia and Appoints Stephan Repkow as Head of Private Banking in the Region

GENEVA, February 16, 2011 /PRNewswire/ -- Union Bancaire Privée (UBP) is rolling out its strategy in Asia by appointing Stephan Repkow as CEO of UBP Private Banking in the region, based in Singapore. Before joining UBP, Stephan was CIO at Swiss-Asia Financial Services and held a number of high-profile positions at Deutsche Asset Management, Citigroup Private Bank and BNP Paribas.

"We are delighted to have Stephan Repkow at the helm of our Asian Private Banking activities. Having worked in Singapore for over ten years, he brings with him an international banking experience and a deep understanding of the Asia-Pacific region. He has all the qualities and commitment it takes for implementing our strategy, building our team and developing our activities in the region, which is one of our main development axes," said Michel Longhini, Head of Union Bancaire Privée's Private Banking division.

As CEO of UBP Private Banking in Asia, Stephan will spearhead the development of UBP's Private Banking activities in the Asia-Pacific region, which is a key strategic market in UBP's expansion plans. The Private Banking regional headquarters in Singapore completes the global UBP strategy in Asia with the Asset Management regional activities recently reinforced in Hong Kong. In hiring Stephan Repkow, the Bank is confirming its strong commitment in Asian markets.

Stephan Repkow said, "UBP has ambitious growth plans and is making the development of its business activities in Asian markets a central pillar of its strategy. I look forward to joining a strong family business fully dedicated to private banking with a solid asset allocation track record, playing a part at this important stage of its development and using my experience to further boost the company's profile in this key region."

Stephan is a French citizen and a Singapore permanent resident, and a graduate of Sciences Po, Paris and of the Université de Paris-Dauphine, Paris. He has over twenty years' experience in the banking sector, in the fields of fixed income, treasury, private banking and asset management.

Union Bancaire Privée (Singapore) Limited is holding a Capital Markets Services licence under the Singapore Securities and Futures Act since early 2004, and is currently in the process to apply for a Merchant Bank licence.

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 65 billion (USD 69 billion) in assets under management as at 31 December 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. http://www.ubpbank.com

    
    Contact:

    UBP - Union Bancaire Privée
    Jérôme Koechlin
    Head of Corporate Communications
    +41-58-819-26-40
    jko@ubp.ch
    http://www.ubpbank.com