UBS Announces Latest Round of Personnel Decisions
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The bank has made further personnel decisions as it reshuffles staff following its takeover of Credit Suisse.
UBS has made another round of personnel decisions, appointing Patrick Grob as head of Global Wealth Management Unified Global Markets in the process, according to an internal memo.
The global markets team also reportedly includes Brent Johnson (head of execution services), Dushyant Chadha (head of derivatives & solutions), Natalie Horton (head of financing), Chris Purves (head of digital platforms), and David Innerdale (head of global markets risk & trading).
In Asia Pacific, Thomas de Garidel and Tim Wannenmacher are co-heads of Global Markets APAC, and in Europe, Middle East, and Africa (EMEA) Paolo Croce gets the leadership role.
Credit Suisse also made several new appointments. Olivier Charhon is named operating officer for risk and resource management at the UBS investment bank. Neil Hosie, formerly head of Global Equities at Credit Suisse, is appointed co-head of Global Markets Distribution.
Questions & Answers
Q.Which specific areas of Global Markets have seen new appointments at UBS?
Which specific areas of Global Markets have seen new appointments at UBS?
The new appointments cover several areas within Global Markets. These include execution services, derivatives and solutions, financing, digital platforms, and global markets risk and trading. Regional leadership roles have also been announced for Asia Pacific and EMEA.
Q.Has anyone from Credit Suisse been given a leadership position at UBS as part of these changes?
Has anyone from Credit Suisse been given a leadership position at UBS as part of these changes?
Yes, Neil Hosie, who was previously the head of Global Equities at Credit Suisse, has been appointed as a co-head of Global Markets Distribution at UBS. This shows some integration of former Credit Suisse personnel.
Q.What role has Patrick Grob been assigned in the latest round of personnel decisions at UBS?
What role has Patrick Grob been assigned in the latest round of personnel decisions at UBS?
Patrick Grob has been appointed as the head of Global Wealth Management Unified Global Markets. This is a significant leadership role within the bank's reshuffled structure following its takeover of Credit Suisse.
Q.Were any new Credit Suisse appointments mentioned in the internal memo?
Were any new Credit Suisse appointments mentioned in the internal memo?
Yes, the memo reported that Credit Suisse also made new appointments. Olivier Charhon is named operating officer for risk and resource management at the UBS investment bank, indicating some continuing integration of teams.