The latest senior appointments in the UK, the rest of Europe, the Middle East and select international jurisdictions.

UBS
UBS confirmed yesterday that it has appointed Mark Hammarskjold and Michael Maag as co-heads of global banking for Switzerland. Hammarskjold takes on the role immediately. Maag joins in October.

The investment banking duo takes over from Marco Superina and report regionally to Jens Haas, head of Investment Bank Switzerland.

Given the bank’s integrated model, the role of prominent figures on the investment banking side is important for colleagues in wealth management to note.

Hammarskjold has worked at UBS since 2005, involved in the lender’s Swiss equity capital markets arm.

Maag most recently led Alantra’s Swiss business. Before this, he was head of investment banking, Switzerland, at Morgan Stanley and has also worked at Goldman Sachs. Before that, he was Head of Investment Banking Switzerland at Morgan Stanley and previously held roles at Goldman Sachs.

Charles Russell Speechlys
International law firm Charles Russell Speechlys this week bolstered its private equity expertise with the appointment of James Paterson as partner in the corporate team.

Paterson joins the firm from Mishcon de Reya, where he was a partner in the corporate department, the firm said in a statement. His practice is principally focused on advising founders and management teams on private equity sponsor-backed transactions, exits, refinancings and management incentive plans where he delivers conflict free, independent advice which is built on over a decade of experience. This new position closely follows the appointment of Nadim Meer in May 2026, previously Mischon de Reya’s head of private equity.

In addition to Paterson’s founder and management advisory practice, he advises alternative investors of private capital such as family offices and privately held holding companies to execute on their M&A and investment strategies.

Given the blend of his practice and his experience across both founder/management-side transactions and alternative private capital transactions, Paterson provides commercial and pragmatic advice around deal structures, shareholder governance terms and incentive plans to help clients with their value creation.

HSBC
London-based HSBC this week appointed Nick Elias (pictured below) as head of Wealth Platforms, Wealth and Premier Solutions, effective 15 August 2026. Based in London, he will report to Lavanya Chari (pictured below), head of Wealth and Premier Solutions, HSBC.

Nick Elias

Lavanya Chari

In this newly created role, Elias will enable HSBC to further embed artificial intelligence (AI) into platforms and services to make interactions with clients simpler, faster and more personalised. He will be part of the Wealth and Premier Solutions team that provides banking, investment and wealth management solutions to mass affluent, high net worth and ultra-high net worth clients across HSBC’s client continuum, including HSBC Private Bank clients.

He will also lead the bank's Wealth Transformation Programme to build a wealth business model. He will accelerate experiences, deliver AI capabilities that support client-facing colleagues and embed them in client journeys, HSBC said in a statement. This includes scaling Wealth Intelligence, HSBC's generative AI platform that supports stronger client outcomes through high-quality market insights and personalised investment strategies.

Since joining HSBC in 2012, Elias has held roles across frontline corporate banking, wholesale banking and frontline transformation. He is global head of customer relationship management, within the corporate and institutional banking (CIB) chief operating office (COO) function, where he has led the digital vision for CIB’s global frontline ecosystem and the delivery of AI-enabled platforms across the client lifecycle.

“Nick’s appointment is a key milestone for our wealth business,” Chari said. “It strengthens the digital platforms that power our proposition and accelerates our AI capability, so we can bring deeper insight, more personalisation, and a better end-to-end experience as clients pursue their wealth goals.”

Burges Salmon
UK law firm Burges Salmon has appointed Jessica Reed as a partner.

Reed joins the London office from Farrer & Co, where she led its asset managers and investment funds sector. She is a funds and financial regulatory specialist with significant experience advising firms on UK and European regulatory frameworks.

Reed supports clients across the full lifecycle of funds, including structuring, authorisation, governance and ongoing compliance, with a particular focus on navigating complex and evolving regulatory requirements, including cross-border issues. 

Investec Bank
Investec Bank has appointed Terry Koizou (pictured below) as head of client relationship management in its UK corporate banking business.
 

Terry Koizou

In November 2025, Investec said it aims to provide relationship banking to 1,000 mid-market businesses across the UK by FY2030, in a market of more than 60,000 companies. The bank expects to grow to over 40 relationship managers.

Koizou joins Simon Jacobs, who joined in September as chief operating officer, and Dean Sullivan, who joined in June this year as credit and risk head.

Before Investec, Koizou held senior roles at Citi Commercial Bank, where he led the business and professional services and non-bank financial institutions client coverage teams across the UK. He has more than 20 years of banking and finance experience.

Given that many high net worth and UHNW individuals are business owners, and need access to corporate and investment banking in tandem with their private wealth needs, lenders such as Investec point out the benefits, as they see it, of providing such services in one institution.