UBS Names Credit Suisse Veteran Janice Hu as New China Head

00:00

00:00/00:00

Listen to this article 1x

Janice Hu

What’s new: UBS Group AG has appointed Janice Hu, vice chair of its securities venture in China, to succeed Eugene Qian as the new head of its China operations.

Hu, who joined UBS following its takeover of Credit Suisse, will assume her new role on Sept. 16. Currently serving as vice chair of UBS Securities and chair of global banking for China, she will lead UBS’s strategic initiatives and business growth in the country, the bank said.

You've accessed an article available only to subscribers

Subscribe today for just $.99.

VIEW OPTIONS

Download our app to receive breaking news alerts and read the news on the go.

Get our weekly free Must-Read newsletter.

Share this article

Open WeChat and scan the QR code

DIGEST HUB

Digest Hub

Back

Explore the story in 30 seconds

UBS Group AG has appointed Janice Hu as head of its China operations, succeeding Eugene Qian.
Hu will begin her role on September 16 and currently serves as vice chair of UBS Securities and chair of global banking for China.
Eugene Qian, head since 2022, is stepping down for family reasons but will remain involved in strategic initiatives related to China within UBS.

AI generated, for reference only

Who’s Who

UBS Group AG: UBS Group AG has appointed Janice Hu as the new head of its China operations, succeeding Eugene Qian. Hu will assume her new role on Sept. 16 and currently serves as vice chair of UBS Securities and chair of global banking for China. Qian is stepping down for family reasons but will continue with UBS in new roles. Hu joined UBS after its takeover of Credit Suisse.

Credit Suisse Securities (China) Ltd.: Credit Suisse Securities (China) Ltd. is an investment bank and brokerage firm in China. Janice Hu served as chairwoman starting in 2020 and became the China chief executive in 2021. Due to UBS's acquisition of Credit Suisse, it had to sell its majority stake in the China venture to a Beijing-backed fund to comply with Chinese regulations preventing majority foreign ownership in multiple domestic brokerages.

AI generated, for reference only

What Happened When