Switzerland’s EFG Bank has appointed Dr. Urs Buchmann as vice chairman and Ashish Gumashta as a member of its Regional Asia Advisory Board, effective immediately.
Through these appointments, EFG aims to leverage their “deep knowledge” of the Asia Pacific and Global South Asia markets, with both of them tasked with providing “crucial guidance” to help shape the bank’s sustainable and profitable growth strategy in what it calls a key strategic region.
Dr. Urs Buchmann brings with him over three decades of experience in Greater China. He most recently served as vice chairman of Credit Suisse in Hong Kong, driving the development of Credit Suisse’s activities in Greater China and other markets in the region, including Japan, Vietnam, Singapore, Thailand, Bangladesh and Mongolia.
Ashish Gumashta has 30 years of experience with a focus on the Indian market, where he previously served as managing director of strategic initiatives at Motilal Oswal and as the executive chairman and CEO of Julius Baer, India.
Commenting on the appointments, Boris Collardi, chairman of the EFG Regional Asia Advisory Board, said: “With their exceptional track records and deep market knowledge, I am convinced that they will play a crucial role in shaping the further development of our strategy.
“Our robust performance in recent years highlights our strong presence and commitment to pursuing growth in the region. We are well positioned to capitalise on emerging opportunities, further enhance our offering for clients in the region and contribute to the bank’s long-term success.”
