Before joining UBS, Mr. Fraser spent over 20 years in various positions at the Australian Treasury, including two international postings in Washington D.C., first, at the International Monetary Fund and, second, as Economic Minister at the Australian Embassy. He was the Deputy Secretary (Economic) of the Australian Treasury from 1990 to 1993.

Mr. Fraser graduated from Monash University, Melbourne, in 1972, and holds a first-class honours degree in economics. He was born 1951 and is both an Australian and a British citizen.

Mr. Fraser is a member of the President’s Advisory Council of the European Fund and Asset Management Association, a member of the Board of Governors of the Marymount International School at Kingston-upon-Thames in the UK and Chairman of the Victorian Funds Management Corporation, Melbourne.  In 1996, Mr. Fraser was a member of the Australian Government’s Audit Commission into public sector finances.  From 1997 – 2003, he was a Board member of the Australian Stock Exchange (ASX).