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Home > Finance > UBS names new head of global investment management, memo says

UBS names new head of global investment management, memo says

Published by Global Banking & Finance Review®

Posted on March 31, 2025

1 min read

Last updated: January 24, 2026

UBS names new head of global investment management, memo says - Finance news and analysis from Global Banking & Finance Review

Quick Summary

UBS appoints Solita Marcelli as head of global investment management, succeeding Bruno Marxer. The role will now cover multiple regions, effective July 1.

UBS Appoints Solita Marcelli as Global Investment Head

(Reuters) - UBS has appointed its Americas chief investment officer, Solita Marcelli, to succeed Bruno Marxer as head of global investment management, according to an internal memo seen by Reuters on Monday.

Marcelli will take on the role, which will be expanded to now cover the Americas, APAC, Switzerland and EMEA, effective July 1.

Marxer, who has decided to retire at the end of the first quarter of 2026, will continue in his role until June 30 for seamless transition, the memo said.

UBS said last year it was planning to overhaul its wealth management business in the United States, splitting the operation into six divisions and focusing more on clients that are not super wealthy.

Ulrike Hoffmann-Burchardi will assume the role of chief investment officer Americas effective July 1, in addition to her current role as chief investment officer for global equities, according to a different memo seen by Reuters.

(Reporting by Prakhar Srivastava in Bengaluru and Lananh Nguyen in New York; Editing by Shinjini Ganguli)

Key Takeaways

•Solita Marcelli appointed as head of global investment management.
•Bruno Marxer to retire in 2026, ensuring a smooth transition.
•Role expansion to cover Americas, APAC, Switzerland, and EMEA.
•Ulrike Hoffmann-Burchardi to become CIO Americas.
•UBS plans overhaul of US wealth management business.

Frequently Asked Questions about UBS names new head of global investment management, memo says

1What is the main topic?

The main topic is UBS appointing Solita Marcelli as the new head of global investment management.

2Who is Solita Marcelli?

Solita Marcelli is the Americas chief investment officer at UBS, now appointed as head of global investment management.

3What changes are happening at UBS?

UBS is appointing a new head of global investment management and planning to overhaul its US wealth management business.

UBS Appoints Solita Marcelli as Global Investment Head

Marcelli will take on the role, which will be expanded to now cover the Americas, APAC, Switzerland and EMEA, effective July 1.

Marxer, who has decided to retire at the end of the first quarter of 2026, will continue in his role until June 30 for seamless transition, the memo said.

UBS said last year it was planning to overhaul its wealth management business in the United States, splitting the operation into six divisions and focusing more on clients that are not super wealthy.

(Reporting by Prakhar Srivastava in Bengaluru and Lananh Nguyen in New York; Editing by Shinjini Ganguli)

Key Takeaways

•Solita Marcelli appointed as head of global investment management.

•Bruno Marxer to retire in 2026, ensuring a smooth transition.

•Role expansion to cover Americas, APAC, Switzerland, and EMEA.

•Ulrike Hoffmann-Burchardi to become CIO Americas.

•UBS plans overhaul of US wealth management business.

Frequently Asked Questions

1What is the main topic?

The main topic is UBS appointing Solita Marcelli as the new head of global investment management.

2Who is Solita Marcelli?

Solita Marcelli is the Americas chief investment officer at UBS, now appointed as head of global investment management.

3What changes are happening at UBS?

UBS is appointing a new head of global investment management and planning to overhaul its US wealth management business.