UBS names new Asia Pacific CEO

HONG KONG, June 25 Thu Jun 25, 2009 1:00am EDT

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HONG KONG, June 25 (Reuters) - UBS AG (UBSN.VX) on Thursday announced the appointment of Chi-Won Yoon as Chairman & CEO of Asia Pacific succeeding Rory Tapner, who is leaving the bank after 25 years.

Yoon joined UBS in 1997 as Head of Equity Derivatives, becoming Head of Asia Equities in 2004, Head of Asia Pacific Equities in 2008, and Head of Equities and fixed income for the region earlier this year.

Tapner took over the Asia CEO role in April 2004. (Reporting by Michael Flaherty; Editing by Ian Geoghegan)

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