People Moves

UBS Continues Management Overhaul, Changes

Tom Burroughes Group Editor 13 July 2023

UBS Continues Management Overhaul, Changes

The bank is busy adjusting its roster of senior management figures across wealth management, investment banking, markets and other areas.

UBS has announced a number of leadership roles as the business continues to absorb Credit Suisse and works through its management structure, including the wealth management and investment banking side, this news service can confirm. This adds to a number of changes, as reported here a few days ago. 

The Swiss bank has appointed Patrick Grob as head of global wealth management unified global markets. The global markets team also includes Brent Johnson (head of execution services), Dushyant Chadha (head of derivatives and solutions), Natalie Horton (head of financing), Chris Purves (head of digital platforms), and David Innerdale (head of global markets risk and trading).

In Asia-Pacific, Thomas de Garidel and Tim Wannenmacher are co-heads of Global Markets APAC, and in Europe, Middle East, and Africa (EMEA) Paolo Croce will have the leadership role, this news service can confirm. 

On the Credit Suisse side, Olivier Charhon has been appointed operating officer for risk and resource management at the UBS investment bank. Neil Hosie, who used to be global equities head at Credit Suisse, will become co-head of global markets distribution.

It is understood that UBS wants to blend its investment banking historical skew towards equities and Asia with Credit Suisse’s expertise and presence in the Americas.

Global markets
The UBS leadership team is as follows on the global markets side:

--  Patrick Grob, head of GWM unified global markets; 
--  Brent Johnson, head of execution services; 
--  Dushyant Chadha, head of derivatives and solutions; 
--  Natalie Horton, head of financing; 
--  Chris Purves, head of digital platforms; 
--  David Innerdale, head of global markets risk and trading; 
-- Thomas de Garidel, co-head of global markets Asia-Pacific; 
-- Tim Wannenmacher, co-head of global markets Asia-Pacific; and 
--  Paolo Croce, head of global markets for Europe, Middle East and Africa.
-- Tricia Hazelwood, head of global markets Americas (joining August 2023);  
-- Ian Slatter, co-head of global markets distribution;  
-- Eric Lafon, co-head of global markets distribution;  
-- Derek Capanna, co-head of global markets distribution;  
-- Frances Fahey, global markets chief of staff; and  
-- Kristi Brown, operating officer - global markets and investment bank sustainability.

UBS has named Ken Chen general manager of UBS Securities and head of its global markets department. It also appointed Neil Hosie as co-head of global markets distribution, focusing mainly on advisory, research and platform monetisation.

Global wealth management unified global markets
Grob’s GWM UGM coverage team:

-- Elaine Sam, head of UGM Americas; 
-- Rodolphe Larque, head of UGM Integration; 
-- Nicola Pantone, co-head of UGM APAC; 
-- Emmanuel Triomphe, co-head of UGM APAC; 
-- Kristian Ceko, head of UGM EMEA; 
-- Mark Goodman, head of UGM Execution Hub; 
-- Philipp Grossgasteiger, head of Shelf Management and Digital Distribution; and 
-- Luca Lodi-Rizzini, head of GFIW Global Markets. 

Rémi Mennesson’s global lending unit (GLU) leadership team:

-- Helio Romero de Diego, co-head of strategic equity solutions trading;  
-- Robert Sowler, co-head of SESG trading; and
-- Christophe Patricot, hedge fund/private equity trading.  
As part of the Global Family and Institutional Wealth (GFIW) leadership team, the following persons carry out these roles:

-- Richard Heyes, GFIW prime brokerage and clearing; and
-- Eric Schatz, GFIW business development. 

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