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Safra Sarasin names former UBS exec as chief of new division

Safra Sarasin names former UBS exec as chief of new division

J. Safra Sarasin has appointed Vinay Gandhi as managing director and CEO, ultra high net worth (UHNW) Asia, a newly created division, as it continues its organic growth strategy in the region.

Based in Singapore, Gandhi reports to Enid Yip, CEO, Asia.

In this newly created role, he will manage UHNW clients across all Asia markets.

Gandhi joins from UBS, where he was a managing director and regional market manager, Southeast Asia, UHNW.

Said Enid Yip, Asia CEO: 'Recognizing the distinct needs of UHNW clients, we have established a new division, headed by Vinay Gandhi. With his proven ability to lead and grow a business organically, Vinay represents the further deepening of J. Safra Sarasin’s commitment to Asia and to our clients.'

At UBS he led a team of 150 people based in Singapore and Hong Kong, serving UHNW clients in Southeast Asia, primarily in Malaysia, the Philippines and Thailand, as well as global NRI clients.

He has more than 25 years of extensive wealth management experience in Asia.

Gandhi has managed senior client advisory teams as well as personally serviced Asian UHNW families with a broad range of complex financials needs.

Prior to joining UBS, Gandhi served as managing director and headed the South Asian business for Deustche Bank AG’s private banking division in Singapore.

Gandhi has held senior management positions with leading private banks such as Citigroup Private Bank and Commerzbank AG in Asia.

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