UBS names Christian Wolf as new head of South-east Asia M&A

UBS Group has appointed Christian Wolf as its head of South-east Asia M&A (mergers and acquisitions), indicated an internal memo seen by Reuters on Sunday (Jun 4).

The move comes as UBS is aligning its resources in South-east Asia following its takeover of Credit Suisse.

Wolf will work closely with UBS’ head of North Asia M&A, Jun Luo, and with country and sector bankers in South-east Asia in jointly developing the Swiss bank’s strategy for Asia M&A, said the memo.

A UBS spokesperson confirmed the content of the memo.

UBS is acquiring Credit Suisse as part of a Swiss government-orchestrated rescue backed by as much as 250 billion Swiss francs (S$371.3 billion) of state support after recent banking sector turmoil brought the country’s No 2 lender to the brink of collapse.

Wolf, who has been based in UBS’ Singapore office since 2009, replaces Axel Granger, who in March was appointed co-head of UBS’ Asia tech investment banking team.

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Wolf will continue to lead the bank’s South-east Asia Global Industries Group (GIG) sector team until a permanent succession arrangement is announced, according to the memo.

Wolf previously was UBS’ head of corporate finance for Southeast Asia, co-head of Asia for onfrastructure and power before heading the GIG sector since 2020 for South-east Asia and India, the memo indicated. REUTERS