Prior to joining UBS, Bedi served at Brewin Dolphin’s asset management division. The move follows the appointment of Andrew Elliott, who joined the firm in January as an executive director.

Jonathan Brown, head of regions for UBS Wealth Management UK, said: "Bedi joins us as our robust investment process continues to attract clients to UBS Wealth Management.

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"The quality of our client advisors is second-to-none and they are held in high regard by our charity, pension fund and high net worth clients in the North East."