UBS Group AG (UBS) has released an update.
UBS Group AG has announced significant executive board changes as it continues integrating with Credit Suisse, focusing on strategic growth in the Americas and Asia-Pacific regions. Iqbal Khan and Rob Karofsky are stepping into prominent roles to co-lead Global Wealth Management and regional operations, while other key appointments include George Athanasopoulos and Marco Valla as Co-Presidents of the Investment Bank. These strategic moves underscore UBS’s commitment to its long-term ambitions, following the planned merger with Credit Suisse on May 31, 2024.
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