UBS intends to open the UBS Wealth Management Campus – Asia-Pacific by the first quarter of 2007 and said the new facility has been established in response to the increasing demand for UBS’s wealth management services in the region.
The Singapore campus will provide training for employees new to the wealth management industry, and ongoing training and professional development for existing UBS employees.
The new campus will include a lecture hall equipped with video conference facilities and voice-activated cameras, five seminar rooms, a media lab with over 20 computers for business technology training, networking and administrative areas.
When fully operational, the campus will enable UBS Wealth Management in Asia-Pacific to increase client advisor numbers by more than 20% annually. The company anticipates that the campus will provide training for approximately 5,000 existing and future staff members between 2006 and 2010.
UBS has received accreditation from the Institute of Banking and Finance as both a financial training provider and an assessment service provider in wealth management.
