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UBS EMEA Wealth Head To Swap Zurich For Middle East

Editorial Staff

22 May 2026

Christl Novakovic, who leads the global wealth management business for the EMEA region, will move to the Middle East from Zurich later in the summer, this news service can confirm today.

As part of efforts to support the Swiss bank’s Middle East strategy, Niels Zilkens, head of wealth management in the Middle East, will relocate to Doha later this summer, according to a memo seen by WealthBriefing. 

Novakovic will shortly announce details of how the GWM EMEA organisation will evolve to support the next phase of growth, the memo said. 

“These moves underscore our commitment to the Middle East. They will enable us to deepen client relationships, strengthen connectivity, and capture future growth, while continuing to deliver the full strength of UBS to our clients,” the memo said.