UBS Rejigs Wealth Leadership in Middle East After Merger Closes

UBS Group AG revamped the leadership of its Middle East wealth unit, including naming Credit Suisse’s Bruno Daher as Christl Novakovic’s deputy for the region, as it melds the once-rival teams.

The round of management changes, announced in memos sent to staff, take effect July 17.

Among other announcements:

• Andreea Grob will run a new market region for Turkey, Israel, Greece and Africa.
• Ali Janoudi will become executive chairman in Ben Cavalli’s strategic-clients unit.
• Puneet Matta, based in India, will be head of global wealth management for India and non-resident Indians.
• Michael Marr will run global wealth ...