UBS has appointed Jonathan Ferrara, who is presently the head of UBS Trustees (Jersey), as the firm’s head of private banking in Jersey, part of the Wealth Management UK and Jersey group, this publication has learned.

Ferrara will be responsible for the private clients teams and the custody and execution desk. The appointment takes effect from 8 April; he will retain some responsibilities related to his existing role for a short period.

He joined the Zurich-headquartered firm in 1999 and has been head of the UBS trust business in Jersey since 2000.

Among other changes, David Baker will become a wealth management Jersey desk head, reporting to Ferrara. He has been with the bank for 20 years.

Alan Butel, currently deputy head of UBS Trustees (Jersey), will become head of UBS Trustees (Jersey). Among his roles, he is a committee member of JATCO, the Jersey trust company industry association, and a member of the Society of Trust and Estate Practitioners. He joined the BankAmerica Trust Company in 1984 and spent several years with a sister company in the Cayman Islands before joining UBS in 1999, when the BankAmerica Trust Business was acquired. Niamh Harding will become his deputy.