Pictet Wealth Management names Kelvin Tay as CIO for Asia

Pictet Wealth Management has named Kelvin Tay arsenic its main concern serviceman (CIO) for Asia.

He volition run retired of Singapore and study to Victor Aerni, main enforcement of Pictet Wealth Management Asia, with a functional reporting enactment to César Pérez Ruiz, caput of investments and CIO.

Tay volition besides go a subordinate of the group's planetary concern committee and the Asia enforcement committee.

Aerni said: "We are pleased to invited Kelvin to Pictet. Our Asia concern is simply a cardinal strategical absorption for the Group. As we further turn our teams and broaden and deepen our lawsuit relationships, Kelvin's acquisition volition assistance to reenforce our Asia lawsuit franchise and augment Pictet's rigorous investment-led attack that our clients value."

His responsibilities volition see overseeing macroeconomic probe covering cardinal Asian markets and shaping determination concern strategy arsenic portion of the firm's wider plus allocation process.

He volition besides enactment arsenic the main spokesperson successful Asia for the company's concern research, communicating its views to clients, the media and different outer parties.

Tay joins from UBS Wealth Management, wherever helium worked for 2 decades and astir precocious held the presumption of CIO for South Asia Pacific.

Earlier successful his career, helium ran an Asia equities portfolio astatine Deutsche Bank Wealth Management Asia.

He besides worked arsenic a determination telecoms expert astatine JP Morgan Chase and ABN Amro, wherever helium was regularly placed among the apical 3 successful organization capitalist surveys.

César Pérez Ruiz added: "Kelvin volition beryllium a precise invaluable summation to our Investment Platform, arsenic we proceed to fortify our concern expertise successful Asia and further heighten our capabilities. He volition play a cardinal relation successful delivering Pictet Wealth Management's concern strategies and solutions to our clients successful Asia, who look to america for timely and actionable plus allocation insights."

Pictet Group reported assets nether absorption oregon custody of SFr757bn ($987bn) for the twelvemonth ending 31 December 2025, up 4.5% from SFr724bn successful 2024.  

The radical posted a consolidated profit of SFr667m in 2025, almost flat compared to the anterior year.  

"Pictet Wealth Management names Kelvin Tay arsenic CIO for Asia" was primitively created and published by Private Banker International, a GlobalData owned brand.