As 2025 begins, SRP looks back at last year’s most relevant people moves highlighting new hires and exits at the main issuers of structured products.

UBS The new senior management team in the Swiss investment bank’s equity derivatives (EQD) business took on several former Credit Suisse senior executives in 2024. In January, UBS appointed Ernest Ng as managing director, head of EQD for Asia Pacific (Apac) . Ng spent 14 years at Credit Suisse, most recently as global head of exotics based in Hong Kong SAR. He succeeded John Sung , who now leads digital platforms in the region. At the same time, Ihab Daouk was named managing direc