UBS wealth and asset management heads depart

Koerner is also president of the bank's asset management division, which will now be led by head of investments for UBS Asset Management Suni Harford. However, Koerner will stay on as a senior advisor to the group CEO until at least 31 March 2020 "to support the group with several ongoing key initiatives", the bank said. In a statement UBS said Koerner presided over its asset management division at a time when the industry "was undergoing its most radical change in decades", and he was responsible for its repositioning from a "fragmented multi-boutique structure to an effective ...