Credit Suisse Private Banking has appointed Eric Kang as the new vice chairman for its Southeast Asia business.

Kang, who joins from UBS Wealth Management, will take on the new responsibility on 19 January 2019.

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Based in Singapore, he will be tasked with developing the bank’s relationships with key clients and stakeholders in Southeast Asia.

At the same time, he will be responsible for the development of new talent at Credit Suisse.

In the new role, he will report to head of private banking for South Asia and Singapore CEO Benjamin Cavalli.

At UBS, Kang was most recently part of the global family office unit. Before that, he worked at Morgan Stanley Private Wealth Management with responsibility for Southeast Asia clients.

Kang also served in senior fixed income sales and trading roles at several international banks.

This includes a seven-year stint at Credit Suisse First Boston, where he oversaw a fixed income and forex sales and trading team.

In August 2018, the bank hired Makoto Kuwahara as its new Japan CEO. The same month, it also appointed Francois Monnet and Benjamin Cavalli as its private banking heads in North Asia and South Asia, respectively.

Earlier this year, the bank named Michael Marr as the new head of its private banking business in Australia.