# UBS Global Wealth Management Restructures Thailand Division After Market Head Departure

- Link: https://www.thailand-business-news.com/banking/166093-ubs-global-wealth-management-restructures-thailand-division-after-market-head-departure
- Published: 2024-10-02T16:18:37+07:00
- Author: Carlos Fuitzer

**UBS Global Wealth Management restructured its Thailand coverage after market head
Boriboon Niyomsathien’s departure, promoting Kwankamol Thongyai to business sector
head, effective October 1.**

UBS Global Wealth Management has restructured its Thailand market coverage following
the exit of its market head, as noted in an internal memo obtained by Citywire Asia.

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Boriboon Niyomsathien, who was based in Singapore, departed the firm after more 
than six years of service. In response, Kwankamol Thongyai has been promoted to 
head the business sector in GWM Thailand, effective from October 1. Thongyai will
report directly to Jin Yee Young, the co-head for the region.

A spokesperson for UBS confirmed the details outlined in the memo regarding these
leadership changes.

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**Source** : [UBS GWM reshuffles Thailand following market head exit](https://citywire.com/asia/news/exclusive-ubs-gwm-reshuffles-thailand-following-market-head-exit/a2451121?rand=157030)