Union Bancaire Privée appoints AlanMudie as Chief Investment Officer of its Private Banking division

Geneva, 1 June 2011

Union Bancaire Privée (UBP) continues the implementation of its Private Banking division's strategic plan by appointing Alan Mudie as Chief Investment Officer (CIO) of UBP Private Banking. Previously, Mr Mudie was CIO at BNP Paribas International Private Bank and also held various high-level positions at United European Bank (UEB) and Barclays Bank in Paris. Before joining UBP he was at Syz & Co., as Head of Oyster Funds and most recently as Head of Fund Research.

"We are delighted that Alan Mudie is joining us as Chief Investment Officer. His experience in investment strategy, product innovation and manager selection spanning more than twenty years will allow him to enhance our range of products and services. His in-depth knowledge of private clients' investment requirements will enable us to adapt our asset management policy to our clients' expectations", said Michel Longhini, Executive Managing Director of Union Bancaire Privée's Private Banking division.

As CIO, Mr Mudie will be in charge of the global investment process, the overall investment strategy and asset allocation for Private Banking. Mr Mudie said, "UBP is a leader in wealth management and I look forward to playing a part in this important stage of its development."

Mr Mudie is British and a graduate of the University of St Andrews and Teesside Polytechnic.

For any further information, please contact

Jérôme Koechlin, Head of Corporate Communications | +41 58 819 26 40 | jko@ubp.ch | www.ubp.com