NEW YORK, June 12 (Reuters) – UBS Group (UBSG.S) Wealth administration president Iqbal Khan introduced in a memo on Monday morning the brand new management of the unit after the closure of the acquisition of Credit score Suisse Group AG (CSGN.S) .
Yves-Alain Sommerhalder will probably be head of wealth administration for CS. Sommerhalder and Chief Working Officer for wealth Wiwi Gutmannsbauer will lead the combination staff on the division, the memo stated.
Benjamin Cavalli will head the staff coping with strategic purchasers. Amy Lo will stay Co-Head GWM APAC with main duty for Hong Kong, North Asia and Larger China and Jin Yee Younger, becoming a member of from Deutsche Financial institution, will probably be co-head with main duty for Singapore and Southeast Asia.
August Hatecke will lead the wealth division in Switzerland, Christl Novakovic will lead in Europe, Center East and Africa and CS Non-public Banking Worldwide. The Chief Monetary Officer of the division will probably be Kinner Lakhani.
Reporting by Tatiana Bautzer
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