UBS Appoints Two Co-Presidents to Head Up Investment Bank

[kreslik.news]

Change is in the air at UBS Investment Bank. After its President Andrea Orcel left the firm to head up Santander earlier this week, the Swiss investment bank announced on Wednesday that two people will fill the role he left.

Piero Novelli and Robert Karofsky will jointly become co-Presidents of the firm. On top of this, they will also be members of the Group Executive Board of UBS Group AG.

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“Rob and Piero are well placed to continue driving the success of the Investment Bank within our proven model.” Said UBS ... (read more)