UBS's Bolinowsky steps aside to institutional sales
The head of UBS Global Asset Management in Australia and New Zealand, Paul Bolinowsky, has stepped aside from the day-to-day running of the business and will now be focusing on his role as head of institutional sales.
As a result, Ben Heap will be returning to Australia from New York to fill the role as head of UBS Global Asset Management in Australia and New Zealand after leading the company’s infrastructure team in the Americas.
Commenting on the changes, UBS Global Asset Management chairman and chief executive John Fraser said they reflected the company’s commitment to developing the business in Australia and New Zealand.
“We are now poised for a new growth surge in the Australian market, building upon not only our solid investment performance in Australia capabilities but also internationally,” he said.
Heap, who was formerly chief executive of Australian Wealth Management’s asset management division, joined UBS in 2007.
Recommended for you
Several wealth management companies have been selected as finalists at the inaugural awards, which champions those who have transformed the Australian economy with their AI solutions.
Money Management’s sister brand Super Review is pleased to reveal that over 120 finalists will compete for trophies at this year’s awards.
The principal partner of this year’s Women in Finance Summit has said organisations that practise inclusivity are more likely to build trust in the community.
Both Schroders and abrdn have appointed new group chief executives to lead their respective firms.