UBS Names Brendan Connolly Head of Financing Solutions

UBS AG, Switzerland’s largest lender, appointed Brendan Connolly to replace Rajeev Misra as global head of financing solutions at the investment bank, according to an internal memo.

Connolly, global head of leveraged finance and leveraged capital markets, will report to the regional heads of the corporate client solutions unit, according to the memo from investment bank head Andrea Orcel. Misra, 51, who previously reported to Orcel, will become a senior adviser to the executive board. A UBS official confirmed the memo’s contents.