UBS appoints Henry Cai as China investment banking chairman

UBS appoints Henry Cai as China investment banking chairman

03.31.2006, 05:15 AM

BEIJING (AFX) – UBS said it has appointed Henry Cai to the new position of chairman of investment banking for China, effective today.

The Swiss-based bank said in a statement that Cai, formerly with BNP Paribas, would work with its mainland banker Zhang Wendong and others in leading its China business.

Cai, who has 12 years experience in the listing of Chinese firms, lead managed more than 2.5 bln usd of underwriting projects in his previous job with BNP Paribas, the statement said.

http://www.forbes.com/markets/feeds/afx/2006/03/31/afx2636335.html