UBS Sets Major Reshuffle Atop Wealth Management Unit
- Khan takes over as head of wealth management with Tom Naratil
- Board members Martin Blessing and Ulrich Koerner to leave UBS
This article is for subscribers only.
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.
UBS Group AG Chief Executive Officer Sergio Ermotti moved to quell concerns surrounding the bank’s long-term succession plan with a radical overhaul of the top ranks, hiring a star banker from a rival and ousting some of its most senior executives.