Twelve individuals have been appointed to lead UBS’ business across various areas as it restructures its operations, according to an internal memo seen by The TRADE.
The internal communication – sent by Spyros Mesomeris, global head of structuring – highlights that the structure is set to be organised vertically per global product pillars, and subsequently horizontally as pertains streams and regions, as the business takes its structuring to the next level.
The teams will be fully interlinked, working to ensure a seamless delivery, The TRADE understands. Of the 12 appointments, four individuals are external hires for UBS, assuming leadership roles as part of the next step in the business’s evolution. They join eight other new appointments set to lead distinct areas.
In the vertical global product pillars, Adrian Bracher has been appointed to lead macro structured solutions (rates and FX), having joined UBS this month. Ramzi Issa has been named structured credit and sustainable credit products lead, joining the business in November, as is Julien Bieren, soon to lead equity structured solutions.
Also in the vertical restructure is Guilio Alfinito, appointed to lead QIS structuring, and Richard Walters, new lead of fund derivatives and structured finance solutions.
Under the horizontal set-up, Romain Barba will join the business in November to be co-lead of APAC structuring alongside Ahmad Chaudry, while Chris Cook will head up Americas structuring.
In addition, Erica Yeu will lead wealth management solutions, while Ahmad Chaudry leads wrapping solutions and Hannah Vinci oversees strategic products. Mesomeris, in addition to his global role, will head up EMEA structuring.