The former chief operating officer at UBS wealth management in Southeast Asia returns to his previous employer.

HSBC announced Philip Kunz as head of global private banking in South East Asia. Kunz recently departed UBS' Singapore unit where he held a number of senior management jobs, including overseeing client management teams and COO of wealth management in Singapore.

At HSBC Private Bank in Singapore, Kunz will be responsible for the implementation of HSBC’s strategy for private banking across South East Asia. He will report to HSBC Singapore CEO Tony Cripps and Tan Siew Meng, regional head of private banking.

Extensive Experience

With more than 35 years’ of experience, including two decades spent in Asia, Kunz has extensive expertise in the private banking industry. During his first contract at HSBC, he was in charge of the South Asia team.

HSBC Private Bank earlier this month said that Sandeep Sharma decided to leave the bank to pursue other opportunities. Sharma had held the position of head of global private banking for Southeast Asia.