UBS/SBC Names Fischer As Group Chief Risk Officer


FELIX Fischer has been named chief risk officer of United Bank of Switzerland, the new bank to be set up next year by the merger of Union Bank of Switzerland (UBS) and Swiss Bank Corporation (SBC).

Fischer will report directly to Marcel Ospel, United Bank's group chief executive officer. He will also serve on the new bank's group executive committee, says a spokesperson for UBS. Fischer is currently chief financial officer for UBS, while Ospel hails from SBC.

Fischer couldn't be reached for

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