UBS's new MD list: "There are no big surprises here"
UBS's new list of managing directors is out. The full list of names is below.
Get Morning Coffee ☕ in your inbox. Sign up here.
UBS isn't commenting, but in European investment banking (excluding capital markets), we understand that only a few people were promoted: Alexander Bernhardt, Rubaina Khan, Soban Khawaja, Loris Dell’Andrino, Paul Finlayson and Saurav Sen.
Bernhardt is on the Swiss coverage team. Khan is a managing director on the bank's consumer and luxury team. Khawaja is on the London banking team. So are Dell'Andrino, Finlayson and Sen.
The new EMEA banking MDs have been at UBS for many years and had been executive directors there for a while. "There are big surprises here," says one insider. "No stars." Notably, there is also no one who joined from Credit Suisse.
Nor is there anyone who joined from Credit Suisse on the list of new London MDs in research. However, there are plenty of names who've joined from elsewhere in the recent past. They include: Luke Taylor, the head of client advisory strategy, who joined from Deutsche Bank in 2020; Guillaume Delmas, who joined from Bank of America; Will Hardcastle, who joined from Citadel; and Gerry Fowler, the head of European equity strategy who joined from Aberdn. Fowler joined in 2022. Taylor, Delmas and Hardastle joined in 2020. One ED who isn't on the list described the new research MDs as "extraordinary colleagues", suggesting that UBS did well poaching them from elsewhere.
There are 174 people in total on UBS's new MD list. This is down from 177 people last year. Executive directors at the bank have been complaining that the process for getting promoted is opaque and increasingly competitive since the acquisition of Credit Suisse.
In the US, the list of new banking MDs includes Graham Johnson and Dan Wetzell, both of whom joined from Barclays last June. Their ascension was likely aided by the fact that UBS has hired various other senior investment bankers from Barclays, including Marco Valla, co-president of the investment bank.
Other US investment bankers on the MD list below include: Michael Zhaka (a UBS lifer); Neeraj Dhanoa (an industrials banker and UBS lifer); Josh Sheets (a tech banker and UBS lifer); Mike Doherty (who joined from Morgan Stanley in 2021); Jason Leopold (who's spent 10 years at UBS in Toronto) and Nick Rossi. Rossi, who is based in LA and was once a 'nuclear surface warfare officer' stands out as being the only new banking MD to come from Credit Suisse.
UBS's 2025 MDs:
Michael Abou-Seif
Vertika Agarwal
Namkyu Ahn
Scott Alpaugh
Jasmin Argyrou
Ayoub Baânani
Bharat Bagaria
Clara Bakridan
Stefan Balderach
Christian Balderer
Nuray Baskal Camak
Sol Bauen
Vero Baumann
Rochus Baumgartner
Alexander Bernhart
Sanjay Bhasin
Giuseppe Bianco
Roman Bisig
Safae Boughaba
Sean Boyle
Jonathan Bruchez
Christopher R. Bryan
Ashraf Butt
Domenico Capone
Daniel Carvalho
Shakira Chadha
Angus Chan
Rizwan Chaudhry
Grace Chen
Holly Clements
Maria Colantonio
Nino Colesanto
Ashley Coombes
Joyce Crivellari
Marcus Curley
Robert Darlington
James Daunt
Loris Dell’Andrino
Guillaume Delmas
Neeraj Dhanoa
Mike Doherty
Ségolène Ducrot
James Duff
Noritaka Eda
Christian Eibel
Bernhard Eicher
Jake Ettore
Paul Finlayson
Pascal Fischer
Alice Fournier-Level
Gerry Fowler
Jia Jia Gan
Sundeep Gantori
Andrew Garment
Dennis Geiger
Malaika Giacometto
Amanda Krevitt Goldman
Kells Green
James Green
Igor Grinberg
Aline Haerri
Noreen Haider
Roland Halter
Will Hardcastle
Mina Hession
Julian Hingorani
Holger Hirschberg
Florin P. Hug
Ciprian Ignea
Petar Ilic
Jose Insua
Marco Jaschke
Graham Johnson
Savio Joseph
Amit Kalyanaraman
Sumeet Karnik
Naweed Khan
Rubaina Khan
Soban Khawaja
Arpine Kocharyan
Dhruv Kochhar
Marco Küng
Thomas Kunz
Christine Lai
Sandra Laielli van Scherpenzeel
Jerry Le Donne
Will Ledger
Matthias Lee
Raymond Lee
Mervyn Lek
Jason Leopold
Douglas Leung
Alfred Li
Tanja Lips
Joachim Loetscher
Ben London
John Lovallo
Bernhard Lüthi
Giovanni Martelli
Victor Martin
Dominic Martin
Andrew Matthews
Matteo Mazzetto
Neal McMinn
Laura Mitchell
Rob Montefiore
Zee Moradi
Ben Morton
Moushmi Munshi
Mathis Müry
Daniel Newman
Nelli Novak
Emi Osterman
Matthew Ouderkirk
José Renato Paiva Carvalho
Max Pfister
Johnny Pi
William Pine
Andreas Plesser
Ed Popham-Holloway
James Porteous
Alberto Prosperi
Nagaraj Rao
Andreas Rathgeb
Alejandra Real Mendez
Camila Ribeiro
Clemens Rich
Jennifer Rieffel
Simon Rogerson
Jason Romajas
Scott Rosenthal
Nick Rossi
Daniel Sabba
Violeta Sacara
Jean-Francois Sarlat
Aleksandra Schellenberg
Terry Schmassmann
Saurav Sen
Viral Shah
Joshua Sheets
Jessica Siegel
Robert Slowikowski
Arpan Somani
Matthew Spiller
Brigitte Succetti
David Surber
Kenji Tanabe
Daniel Tanner
Luke Taylor
Sibu Thomas
Mike Torregrossa
Stefan Truffer
David Turner
Praveen Tyagi
Georgios Tzelepis
Jennifer Van Nest
Frank Vermeulen
Matthias Vetsch
Nikesh Vishram
Clemens von Stechow
David Walsh
Clifford Steven Weber
Andi Weber
Garfield Weekes
Mahrok Wemmer
Manuela Wendelspiess
Dan Wentzell
Adrian Whitaker
Richard Wilks
David Wilson
Sandy Yeung
Michael Zahka
Pius Ziegler
Omar Roberto Zoppi
Have a confidential story, tip, or comment you’d like to share? Contact: +44 7537 182250 (SMS, Whatsapp or voicemail). Telegram: @SarahButcher. Click here to fill in our anonymous form, or email editortips@efinancialcareers.com. Signal also available.
Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libellous (in which case it won’t.)
Photo by Mike Kilcoyne on Unsplash
