Woods leaves UBS

Retail chief steps down

By Christine St Anne
Tue 15 May 2007

Former chief of UBS Asset Management in Australia has left the business after moving to Singapore in February.

UBS Asset Management's Colin Woods has left the organisation three months after he re-located to Singapore to head its retail business.

Woods moved to Singapore to lead UBS's Asian retail third-party distribution arm in February.

In the job, Woods was to work with fund managers and financial service providers in the Asia Pacific region.

Woods has been with UBS Asset Management since 1999. He became chief executive of the firm in 2002.

A UBS spokesperson in Australia confirmed the departure but could not comment on his next move.

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