FX Moves: UBS AG, Union Bancaire Privee and ANZ Banking Group

UBS AG immediate former global head of foreign exchange structuring, Andrew Kaufmann has left the bank to join Maven Global, where he will serve as the managing director and co-founder.

Mr. Kaufmann has worked in financial markets for over two decades and hence it seems the logical conclusion is to pioneer his own firm. He will be based in London, where he has always been working with UBS for the past four years as the global head of FX structuring. Previously, he worked in a similar role at Barclays Plc, besides in Merrill Lynch.

Meanwhile, Swiss private bank Union Bancaire Privee has hired Koon Chow to the role of senior macro and foreign exchange strategist, a position that will see him concentrate on emerging markets as well as fixed income.

Mr. Chow previously worked with Barclays Plc, where he worked as the managing director, focusing on foreign exchange and emerging markets. Previously, he worked with Credit Suisse AG and Idealglobal in various senior capacities.

Mr. Chow will be operating out of London and will oversee foreign exchange and sovereign research, besides assisting the group with trading strategies. He has a combined experience of nearly two decades in emerging markets.

Elsewhere, Australia and New Zealand Banking Group Ltd has hired Sean Birchley as the head of international and institutional banking, Queensland and the Northern Territory area, after Russell Shields retired. Mr. Birchley will report to Aaron Ross, the bank’s head of international banking in Australia as well as Mark Whelan, the managing director of global commercial banking.

Mr. Birchley will also continue serving as the general manager of commercial and corporate banking in the area.