Zurich-headquartered EFG has welcomed Ivan Ferraroni as its new head of global markets for Asia, based in Hong Kong.
Ferraroni joins from UBS, where he last held the role of head of Asia Pacific client office and was a member of the Asia Pacific global family office committee.
Prior to that, he spent 25 years in financial institutions including Barclays Capital and RBS Global Banking and Markets.
At EFG, Ferraroni will be in charge of all global markets activities in Asia. He will report functionally to the head of global markets, Maurizio Moranzoni, and regionally to Kees Stoute, CEO of EFG’s Hong Kong branch.
EFG said with this newly created regional global markets function it aims to improve the bank’s capital markets capabilities and services to clients in Asia, which is a key growth market for the bank.