UBS Wealth Management appoints new CIO
UBS Wealth Management has appointed a new chief investment officer and head of investment management.
Christoph Schenk, formerly chief executive of pensions at the bank, joins the wealth management division effective October 1. He reports to Markus Ronner, head of products and services, and chair the global investment committee as well as Juerg Haller, co-chair the global mandate committee.
Schenk will also work closely with Andreas Hoefert, chief economist at the Swiss bank.
Schenk replaces former CIO Michael Strobaek who steps down at the end of September for unknown reasons, after a 13 year tenure.