UBS Names Securities Venture Chief as New China Head

UBS Group AG named Eugene Qian, chairman of the Swiss bank’s China securities venture, to head its China operations, succeeding David Chin, who will continue with the company.

The appointment will take effect July 1, UBS said Thursday.

Qian briefly served as UBS’s China chief in 2015 when he rejoined the bank. He worked for the investment banking department of the bank’s Asia-Pacific region between 1997 and 2003 before departing for several senior positions with Deutsche Bank and Citigroup Inc.