EXCLUSIVE: UBS Appoints New Head For HNW Business In UK

Editorial Staff

12 June 2025

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.