We are happy to announce the new appointment of a Private Banking Veteran in UCAP Hong Kong Asset Management.

Mr. Y. N. Nagendra joined UCAP Hong Kong Asset Management Ltd after six years at Bank J. Safra Sarasin as Vice Chairman and Deputy CEO Asia. Before stepping down recently, he also held the post of Global Head of Strategic Resourcing – a role in which he was responsible for hiring senior bankers across the globe.

Prior to Bank J. Safra Sarasin, he was with Bank of Singapore (BoS) as Managing Director and global head of India subcontinent, Middle East and Africa overseeing a team based in Hong Kong, Singapore, Dubai and London. He has also been Head for South Asia, Middle East & Africa and the UK at ING Private Banking, which later became Bank of Singapore. He started his career in private banking with BNP and then moved to Rabobank.

Mr. Nagendra is highly experienced, successful and well-regarded business leader and banker. The combination of his experience, knowledge of private banking and culture would prove invaluable for UCAP Asset Management’s next stages of growth.