A former UBS veteran has joined Swiss rival Julius Baer as head of markets and advisory solutions in Hong Kong, finews.ch has learned.

Yves Klenk (pictured below) has joined Julius Baer taking on the position as the new head for markets and advisory solutions, a spokesman for the Swiss private bank confirmed. He will be based in Hong Kong.

Yves Klenk 120Klenk joins from UBS where he was most recently head of active advisory for Asia Pacific. He spent 18 years with UBS in various senior roles in Hong Kong and Zurich.

In the new role, Klenk will report to Luigi Vignola, head of markets and advisory solutions for Asia Pacific, based in Singapore.