Chi-Won Yoon, managing director and head of equity risk management for UBS in Hong Kong, has been promoted to head of Asian equities. Yoon now oversees both the cash and equity derivative businesses, according to Mark Panday, spokesman. Yoon replaces John Holland, managing director and former head of Asian equities, who relocated from Hong Kong to London at the end of last year to take a management role within the bank's equity division.
Min Park, managing director in equity risk management in Hong Kong, is now heading the group. Yoon did not respond to messages.