Wednesday, October 1, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Real Estate

UBS splits wealth management role amid executive reshuffle

by Stephanie Irvin
in Real Estate
UBS splits wealth management role amid executive reshuffle
Share on FacebookShare on Twitter


UBS on Thursday (May 30) said Rob Karofsky would become head of the Americas and co-president of global wealth management with Iqbal Khan, who will take charge of the Asia-Pacific region as part of shake-up of the Swiss bank’s executive board.

Khan will relocate to Asia to assume the role as part of a series of changes taking effect from Jul 1. Damian Vogel has been appointed chief risk officer and will take over from Christian Bluhm, the bank said.

Khan and Karofsky are both seen as candidates to succeed UBS CEO Sergio Ermotti when he steps down, which the bank has indicated could take place by early 2027.

The bank also announced George Athanasopoulos and Marco Valla as co-presidents of the investment bank.

Ermotti said the appointments put “even more emphasis on our long-term priorities and growth prospects, particularly in the Americas and Asia-Pacific”.

Former Credit Suisse CEO Ulrich Koerner is to retire from the bank later this year, the bank said.

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

The president of UBS Americas, Naureen Hassan, is to step down effective Jul 1. REUTERS

Tags: ExecutiveManagementreshuffleRolesplitsUBSWealth
Stephanie Irvin

Stephanie Irvin

Next Post
Brookfield to buy out Temasek-backed Neoen in 6.1 billion euro deal

Brookfield to buy out Temasek-backed Neoen in 6.1 billion euro deal

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2025 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In