UBS is reshaping the leadership of its Swiss investment banking business. Mark Hammarskjold and Michael Maag will jointly lead Global Banking Switzerland.

Michael Maag (left) and Mark Hammarskjold, UBS’s new Co-Heads of Global Banking Switzerland. (Images: provided)

Monday, 6 July 2026 12:27

UBS has appointed Mark Hammarskjold and Michael Maag as Co-Heads of Global Banking Switzerland, according to an internal memo seen by finews.

Hammarskjold assumes the role with immediate effect, while Maag will join the Swiss bank in October.