In his new role, Schuwey will be responsible for driving growth for CPB in the South Asia region, which includes markets such as Australia, Brunei, India, Indonesia, Malaysia, New Zealand, Philippines, Singapore and Thailand.
Based in Singapore, Schuwey will be reporting to Adam A. Cowperthwaite, managing director and head of capital markets – Asia Pacific.
Before joining Citi, Schuwey was a managing director at UBS Private Bank where he led a team of FX advisors operating in Singapore, Hong Kong, Tokyo and Taipei, catering to ultra-high net worth (UHNW) clients across the flow and structured FX products.
Schuwey has over 30 years of experience with the bank in FX markets. He spent over a decade as an FX trader at UBS Investment Bank, before moving to UBS Private Bank as an FX Advisor and then as an advisory team manager.
In Citi, Schuwey will focus on increasing the understanding and use of FX-linked investment products for people in South Asia.
Citi Private Bank provides customised private banking across borders to wealthy individuals and families and has approximately $460 billion in global assets under management.