UBS Digital Expert Exits for Fintech Role
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The digital expert who jump-started UBS’ platform plans is leaving for a job at a Swiss financial start-up.
Martha Boeckenfeld is exiting at UBS, where she has was brought in as head of digital platforms and marketplaces in Switzerland over two years ago, finews.com has learned. The 56-year-old German native will join the advisory board of Gentwo, a securitization fintech.
A spokesman for the Swiss bank confirmed her exit, which comes several months after her job was quietly downgraded last September. Boeckenfeld’s team at UBS will report to Asia wealth co-head August Hatecke, effective immediately.
Gentwo was founded by Philippe Naegeli and Patrick Loepfe four years ago. Its Assetrush platform seeks to connect financial innovators and investors both digitally as well as physically, through events.
The Zurich-based start-up recently added Spiros Margaris to the board that Boeckenfeld is joining, alongside Beat Hodel and Marc Bernegger
Questions & Answers
Q.When did Martha Boeckenfeld first join UBS and what was her role there?
When did Martha Boeckenfeld first join UBS and what was her role there?
Martha Boeckenfeld joined UBS over two years ago. She was initially brought in as the head of digital platforms and marketplaces in Switzerland, leading the bank's efforts in this area during her tenure.
Q.What is Gentwo, the company Martha Boeckenfeld is joining?
What is Gentwo, the company Martha Boeckenfeld is joining?
Gentwo is a Zurich-based securitisation fintech founded four years ago by Philippe Naegeli and Patrick Loepfe. Its Assetrush platform aims to connect financial innovators and investors both digitally and through events.
Q.Who will Martha Boeckenfeld's team at UBS now report to?
Who will Martha Boeckenfeld's team at UBS now report to?
Effective immediately, Martha Boeckenfeld's team at UBS will report to August Hatecke. He holds the position of co-head of Asia wealth within the bank, taking over the oversight of her former team.
Q.When was Martha Boeckenfeld's job at UBS downgraded?
When was Martha Boeckenfeld's job at UBS downgraded?
Martha Boeckenfeld's job at UBS was quietly downgraded several months ago, specifically in September. This change occurred before her confirmed exit from the Swiss bank.