People Moves
EXCLUSIVE: UBS Appoints New Head For HNW Business In UK
This publication can exclusively reveal a new top-line appointment at the Swiss bank’s wealth management arm in the UK.
UBS in the UK has
appointed Michel Frey as head of UK high net worth business for
the UK, with immediate effect, this publication can exclusively
report.
Frey brings more than 25 years of financial services experience
holding leadership posts in different client segments across
Switzerland, Singapore, Monaco, and the UK, according to a memo
seen by WealthBriefing.
A spokesperson for UBS confirmed the appointment.
Chris Oliver has decided to step down from his role as head for
the UK high net worth business at UBS Global Wealth Management to
pursue an opportunity outside the bank. He has worked at UBS for
15 years.
The memo said that a new leadership for global family and
institutional wealth (GFIW) UK will be announced in due course.
Francois-Olivier Mercier will lead the GFIW UK business
ad interim. Mercier joined UBS in 2010 and transitioned to
global wealth management in 2023.
