UBS Global Asset Management has hired Keiichi Miki as representative director and president of its Japan business, this publication can reveal.

UBS Global Asset Management, the asset management arm of Swiss banking group UBS, has hired Keiichi Miki as representative director and president of its Japan business, this publication can confirm. He assumes the role from Kai Sotorp, who led the Japan entity for a transitional period since July 2013.

Miki joins UBS from 1 February, where he will report to Sotorp, who is relocating to Hong Kong to focus on his role as head of the Asia Pacific region.

In his new role at UBS, Miki will further the firm’s achievements in Japan, building on its franchise in wholesale mutual funds and in financial institutions, according to an internal memo seen by WealthBriefing. He and his team will also look to strengthen the firm’s pension institutions platform and expand its services and products.

Miki joins from Lazard Asset Management in Japan, where he served as the firm's representative director and chief executive. He previously served as the head of JP Morgan's Japanese asset management operations for eight years.