UBS is set to relocate a key management position from Zurich to the Middle East, underlining the growing importance of the region. In addition, the bank is making changes to the regional structure within the division.

Christl Novakovic.(Image: Linkedin)

Friday, 22 May 2026 08:22

Christl Novakovic, Head of UBS Wealth Management EMEA, will relocate from Zurich to the Middle East this summer. This was announced in an internal memo by Iqbal Khan (Co-President Global Wealth Management) and Beatriz Martin Jimenez (COO and EMEA President), seen by finews.

Bloomberg was the first to report the news.