Naureen Hassan has taken on a new role as the Americas President at UBS. She brings her expertise to the position.
In her new role, Hassan will be responsible for leading UBS's business across the Americas region. This includes the United States, Canada, and Latin America.
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Leadership Changes
Naureen Hassan has been appointed as the President of UBS Americas and CEO of UBS Americas Holding, effective October 2022.
She will succeed Tom Naratil in this role and will also serve on UBS Group's Executive Board.
Hassan will be responsible for driving client relationships, promoting cross-business collaboration, navigating the evolving public policy landscape, and ensuring sound regulatory and reputational risk governance.
In her new role, she will also lead the firm's strategic growth and digital initiatives in the Americas region, including the transformation of the firm's Wealth Management Americas Platform, expansion of digitally customised banking services, implementation of the Wealthfront acquisition upon closure, and the rollout of UBS Circle One in the region.
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Here are some key facts about Naureen Hassan's background:
- She is a 25-year veteran of the financial services industry with expertise in strategy, digital transformation, cybersecurity, and regulatory/risk management.
- She holds a BA from Princeton University and a Master of Business Administration from the Stanford University Graduate School of Business.
Hassan has previously held leadership roles at Morgan Stanley Wealth Management and Charles Schwab Corporation, and she began her career at McKinsey & Company.
UBS Americas
UBS Americas is a significant player in the financial industry, and Naureen Hassan's appointment as President is a major development. She will be leading the firm's strategic growth and digital initiatives in the Americas region.
Hassan's new role includes driving client relationships, promoting cross-business collaboration, and navigating the evolving public policy landscape. She will also ensure sound regulatory and reputational risk governance.
One of her key responsibilities will be leading the firm's strategic growth and digital initiatives in the Americas region. This includes the transformation of the firm's Wealth Management Americas Platform and the expansion of digitally customized banking services.
Hassan will be responsible for ensuring the successful implementation of the Wealthfront acquisition upon closure and the rollout of UBS Circle One in the region. She will also be a member of UBS's Group Executive Board.
Here are some key facts about UBS Americas:
- UBS Americas is a subsidiary of UBS Group
- Naureen Hassan has been appointed President of UBS Americas and CEO of UBS Americas Holding
- Hassan will succeed Tom Naratil in her new role
Wealth Management
Naureen Hassan is taking on a significant new role at UBS, becoming the sole President of Global Wealth Management. Effective 3 October 2022, she will lead this crucial business area.
Naureen has been associated with UBS since 2019, and her expertise will undoubtedly be valuable in this new position.
The Group CEO of UBS highlighted the strategic importance of the Global Wealth Management business for the company's growth, and Naureen is poised to make a significant impact.
Naureen's appointment is a testament to UBS's commitment to growth and client satisfaction, and she will be working closely with her team to achieve strategic ambitions.
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Sources
- https://www.thinkadvisor.com/2022/07/13/naureen-hassan-to-succeed-tom-naratil-as-ubs-americas-president/
- https://www.bankingdive.com/news/ubs-iqbal-khan-rob-karofsky-wealth-ceo-succession-ermotti-korner-hassan-bluhm/717518/
- https://www.ubs.com/global/en/media/display-page-ndp/en-20220712-geb.html
- https://www.outlookbusiness.com/news/indian-american-naureen-hassan-named-president-of-ubs-americas-ceo-of-ubs-americas-holding-news-209616
- https://www.financemagnates.com/executives/moves/naureen-hassan-to-join-ubs-as-president-of-ubs-americas/
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