Julius Baer has recruited a former UBS senior manager, Dr Lee Boon Keng, to be co-head of its investment solutions group in Singapore, taking up the post with immediate effect.

Dr Lee will report to Kenneth Ho, regional head of products and investment solutions in the Asia-Pacific region for the Swiss bank, Julius Baer said in a statement today.

He will also serve as deputy chief investment officer Asia-Pacific, working with Dr V Anantha-Nageswaran, CIO for Asia, who will spend more time in Europe in his role as chief investment officer of the bank.

In his previous job, Dr Lee was chief investment strategist Singapore at UBS Wealth Management.