Pictet Hires Ex-UBS Veteran Tay as APAC Chief Investment Officer

Pictet Group, Switzerland’s second-largest financial institution, has hired Kelvin Tay as its Asia-Pacific chief investment officer in Singapore.

Tay, who left UBS at the end of March after a two-decade stint, will start at the Geneva-based wealth and asset manager in July, according to people familiar with the matter, who asked not to be identified discussing personnel matters.