EFG Bank has announced the appointment of Dr Urs Buchmann as vice chairman and Ashish Gumashta as a member of its Regional Asia Advisory Board.
With their deep knowledge of the Asia Pacific and Global South Asia markets, Buchmann and Gumashta will provide crucial guidance to help shape the bank’s sustainable and profitable growth strategy in this region.
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Buchmann brings over three decades of experience in Greater China. He most recently served as vice chairman of Credit Suisse in Hong Kong, driving the development of Credit Suisse’s activities in Greater China and other markets in the region, including Japan, Vietnam, Singapore, Thailand, Bangladesh and Mongolia.
Gumashta has 30 years of experience with a focus on the Indian market, where he previously served as managing director of strategic initiatives at Motilal Oswal and as the Executive Chairman & CEO of Julius Baer, India.
Alexander Classen, chair of the board of directors of EFG International: “We are delighted to welcome Dr. Urs Buchmann and Ashish Gumashta to our Regional Asia Advisory Board. With their extensive professional experience and expertise, I am convinced that they will be a valuable addition to the Advisory Board and will be instrumental in driving the further development of our strategy in this region, which is of key importance for the delivery of EFG’s growth ambitions.”
Boris Collardi, chairman of the EFG Regional Asia Advisory Board: “I am very pleased to welcome Dr. Urs Buchmann and Ashish Gumashta as new Board members of the Advisory Board and I look forward to working closely with them to advance the delivery of our growth strategy in Asia. With their exceptional track records and deep market knowledge, I am convinced that they will play a crucial role in shaping the further development of our strategy. Our robust performance in recent years highlights our strong presence and commitment to pursuing growth in the region. We are well positioned to capitalise on emerging opportunities, further enhance our offering for clients in the region and contribute to the bank’s long-term success.”
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