UBS asset management chief Suni Hartford is retiring from the role, to be replaced by the former head of client coverage and head of EMEA and Switzerland.
Aleksandar Ivanovic will join UBS’s group executive board as president of asset management, taking on Hartford’s role.
As head of client coverage and head of the EMEA and Switzerland regions for asset management, Ivanovic has played a key role in developing and executing UBS’s asset management strategy and leading the engagement with institutional and wholesale clients. Since starting his UBS career in 1992 as an apprentice, he has worked in all UBS business divisions and has additionally held various leadership roles at Credit Suisse and Morgan Stanley.
Beatriz Martin Jimenez will succeed Harford as GEB lead for sustainability & impact, in addition to her existing responsibilities as head of non-core and legacy and president EMEA and UK CEO. Martin Jimenez, who joined UBS in 2012, has held key business and finance roles during her 12 years at the firm, including investment bank chief of staff and COO, group treasurer, and group head of transformation, and has been closely involved with the firm’s culture-building activities.
The acquisition of Credit Suisse last year by UBS created an asset management behemoth in the Swiss market, with UBS Asset Management post-acquisition overseeing more than US$1.5trn in institutional AUM and around US$3.4trn for its wealth management business.
