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Asia Private Banking Awards

Best for investment research in Thailand 2021

UOB Thailand

Yuttachai Teyarachakul, UOB Thailand.jpg
Yuttachai Teyarachakul, UOB Thailand

Yuttachai Teyarachakul has a rather unique way of describing his gig at UOB’s Thailand unit: “Enthusiast in financial planning and customer analytics.”

The bank’s country head of personal financial services does so with a wink. But Yuttachai’s light-hearted description serves a dual purpose, pointing both to a personal passion and explaining why UOB’s private banking operation in Thailand is a standout in a market that is particularly hard to crack.

The analytical and research assets that Yuttachai prioritizes stem in part from the timing of his start date at UOB: September 2008. That was the same month Lehman Brothers collapsed, causing the biggest shockwaves in southeast Asia since the region’s 1997 to 1998 meltdown.

Last year brought something even worse: a health crisis that quickly became an economic one, exposing pre-existing conditions for which Asian markets were unready. Yet UOB’s high net worth clients were well served by the three-pillared approach to markets that the firm’s private bank champions: keeping clients informed about the big things; keeping them updated on risks big and small; and staying engaged.

That

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