UBS appoints a new co-head of global mergers and acquisitions, based in Hong Kong.

Greg Peirce, was promoted to the new role after just becoming APAC head of M&A advisory at the bank two years ago, according to an «AFR» report (behind paywall). Peirce will co-head the global business alongside U.S.-based co-head Marc-Anthony Hourihan.

Peirce’s 19-year career with UBS began in 2000 when he joined as a Sydney-based intern. Prior to moving to Asia, he was last jointly responsible for Australasia client coverage and advisory. He is also currently a member of the bank’s global management committee.  

«It is understood the new promotion makes Peirce the most senior Australian in the UBS hierarchy offshore,» the report added.