UBS Hires Rohatyn’s Mariscal, Names Regional Investment Chiefs

UBS AG hired Rohatyn Group’s Jorge Mariscal as chief investment officer for emerging markets and named four more regional CIOs as Switzerland’s biggest bank seeks to transform the way it advises wealthy clients.

Mariscal joined last week, while Andreas Hoefert, Yonghao Pu, Kelvin Tay and Daniel Kalt were promoted to CIOs for Europe, Asia Pacific, Southern Asia Pacific and Switzerland, respectively. All will report to Alexander Friedman, UBS’s chief investment officer.