Swiss banking giant UBS AG is turning over the leadership of its global investment businesses.
The firm announced a number of changes to its executive team on Thursday, including new leaders for its global wealth management and asset management operations.
The bank said that Iqbal Khan is joining the firm as co-president of global wealth management.
Khan comes to UBS from Credit Suisse, where he was most recently CEO of international wealth management. Previously, he was CFO of private banking and wealth management at Credit Suisse.
It also promoted Suni Harford to president of UBS Asset Management. She is currently head of investments at UBS Asset Management.
Before joining UBS in 2017, Harford worked at Citigroup Inc. for 24 years, and was previously an investment banker at Merrill Lynch & Co.
Harford and Khan are also both joining UBS’ executive board. The changes are effective Oct. 1.
“I’m looking forward to having Suni and Iqbal join the group executive board. Both of them bring strong leadership and people skills along with a track record of successful execution. They are great additions to the team and will help us drive sustainable growth and profitability for UBS,” UBS CEO Sergio Ermotti said in a statement.