UBS’s (UBSN.VX) joint head of equity capital markets and a 10-year veteran at the bank, Sutha Kandiah, has resigned, a source with knowledge of the move told Reuters on Wednesday.
Kandiah, who was based in Singapore, oversaw multi-billion dollar equity deals in the region such as Malaysia’s Maxis’s (MXSC.KL) US$3.3 billion ($4.6 billion) IPO and share sale of Southeast Asia’s biggest bank DBS (DBSM.SI). In the past, he also headed Japan’s equity capital market team.
