Alex Sim

Managing Director, Chief Operating Officer

UOB Private Bank


Alex currently heads up the First Line of Defence Risk & Regulatory Management, and COO functions in UOB Private Bank. An accountant by training, Alex started his career at Price Waterhouse after graduating with a First Class Honours from the University of Melbourne, Australia. He is also a Lean Six Sigma trained - Green Belt. He moved to Andersen Consulting (renamed as Accenture in 2000), and enjoyed the life of a Business Process Re-engineering consultant specialising in the area of Finance and Performance Management, with a focus on risk and controls processes, for clients across Asia. Alex was approached by the Chief Operational Risk Officer in Asia to start up a Business Risk Unit in Citi Wealth Management. This team focused on the management of key business and regulatory risks in the front office - covering investment sales and product suitability, KYC and AML- related matters as well as managing of operational risks across business units across the private bank. Alex started, and was the Editor-in-Chief, of Citi Wealth Management's very first Business Risk newsletter, titled 'Risk Quotient', in Asia, with the objective of enhancing general risk awareness in the bank. It was well-received by the bankers. After Citi, Alex joined Barclays Wealth and successfully built up the Risk and Controls team in Asia, covering Singapore, Hong Kong and India. He established it as a one-stop shop for the business to consult on all risk and controls related issues, with an emphasis on pro-active management of risks, achieved through 'thematic' end-to-end reviews. Alex also headed up the global role of Cross-Functional Process & Controls, driving best practices across Barclays Wealth's operations in Europe and Asia. With his role at UBS Wealth Management, covering business and regulatory risks for the Investment Products and Services division, across Asia, Alex achieved the unique experience of having managed risks, in depth and front-to-back across Wealth Management.

The latest articles from Alex Sim

Publications & Thought Leadership

Wealth in Asia – the Drive to Improve Business Processes, Efficiencies and Compliance 2021 produced a bumper year for the profits of the private banks and other wealth management leaders, as mainstream markets performed well, as investors diversified further into private and alternative assets, as more clients were inclined to test out advisory and DPM, and as more robust wealth esta....

The latest events from Alex Sim