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Alternative Market Briefing

Business development manager Anne Simond leaves UBP, joins head-hunters: 'more banking jobs now in Switzerland'

Tuesday, December 07, 2010

From the Opalesque team:

Anne Simond has left UBP Alternative Investment Marketing & Business Development after nearly four years, to set up the Geneva offices of London-headquartered headhunters Hogarth Davies Lloyd. She started operating in October after obtaining a mandatory licence to conduct recruitment both within and outside of Switzerland . Anne (who participated in the 2009 Opalesque Roundtable in Geneva) will be focusing on Private Banking and Asset Management.

After the credit crisis and the Madoff scandal, which affected UBP severely, the Swiss private bank and asset management house saw a higher staff turnover. We later heard that Citi had hired hedge fund expert Roger Bacon and that EIM had hired hedge fund head Jan-Erik Frogg - both ex-UBP. But UBP has appointed quite a lot of people this year. And Emmy Labovitch, head of marketing at UBP Asset Management, told Financial News recently that the group would reduce its headcount in New York in favour of Europe and Asia . It is hiring now as part of a plan to align the asset management division more closely with the Geneva private bank, under the new managing director of private banking Michel Longhini, who joined a few months ago. The Bank ha......................

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