UBS GAM undergoes executive reshuffle


Head of UBS Global Asset Management (GAM) Australasia, Ben Heap, has stepped down from his position and will be replaced by Bryce Doherty as the company makes a number of other changes to its executive team.
Heap will leave the company after three years spent at the helm, leading the integration of the ING Investment Management business acquired in 2011.
Doherty, who has been appointed new head of UBS GAM Australasia, was most recently head of wholesale for the region.
In other appointments, head of institutional sales Anne Flockart will join the UBS GAM Australia Board while Alistair Dunne succeeds Bryce as head of wholesale.
"We continue to see strong growth opportunities in Australia," said Kai Sotorp, head of Asia Pacific for UBS GAM.
"Bryce and Anne's knowledge of the investment management industry, combined with their strong wholesale and institutional client relationships, will enable us to build on our momentum and expand our capabilities in this key market."
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