Aleksandar Ivanovic
UBS has chosen Aleksandar Ivanovic to succeed Suni Harford as president of asset management upon her departure, with the appointment effective from 1 March.
Ivanovic has also been elected to the UBS group executive board alongside his appointment.
Sergio Ermotti, chief executive of UBS, asserted: “I’m delighted to welcome Aleksandar Ivanovic to the UBS Group Executive Board. His extensive experience and broad network across the firm make him the ideal person to build on our strong foundation and progress our integration plans.
“[…] I’d also like to thank Suni Harford for her leadership and commitment to UBS and for the significant contribution she has made to our success. I wish her all the best for the future.”
Ivanovic joined UBS back in 1992 and has worked across every business division since. Prior to this most recent appointment, was head of client coverage and head of the EMEA and Switzerland regions for asset management.
Ivanovic has also previously held leadership roles at Credit Suisse and Morgan Stanley.
Departing Harford was president of asset management since 2019, which included leading the integration of Credit Suisse’s asset management activities following the high profile acquisition.
In an announcement, UBS stated that Harford had “spearheaded UBS’s efforts to align [our] activities across the entire firm”.
Read more: UBS agrees landmark takeover of Credit Suisse after intervention from Swiss authorities
Alongside Harford’s departure, Beatriz Martin Jimenez has been named lead for sustainability and impact, taking over the responsibility, also effective 1 March 2024. Martin Jimenez is currently head of non-core and legacy and president EMEA and UK chief executive.