This publication carries latest news of moves and appointments in global wealth management.

The UBS regional head for Zurich is departing the post, this publication can confirm. 

Thomas Ulrich, regional and wealth management head for the Zurich business since 2009, is to become head of governmental affairs, part of the regulatory and governance arm of the Swiss bank. 

That role means Ulrich puts UBS’s case to policymakers. In this position, he reports to Markus Ronner, who is in charge of the UBS regulatory and governance department.

As a result of the appointment, Ulrich takes over from Steve Hottiger, who is appointed as senior regulatory strategist in October – a new role. Hottiger's deputy, Thomas Pohl, remains deputy head of governmental affairs and will report to Ulrich, this publication can confirm.