UBS taps BoE adviser van Steenis for sustainable finance, IR roles
ZURICH, Aug 23 (Reuters) - UBS Group has hired Huw
van Steenis, a former senior adviser to Bank of England Governor
Mark Carney, to head investor relations and a new sustainable
finance committee at Switzerland's largest bank, it said on
Van Steenis will start on Sept. 2.
"UBS is further sharpening its focus on sustainable finance,
recognising increasing client demand and the leading position it
already has in the field," it said in a statement.
Van Steenis will also lead investor relations and act as a
senior adviser on topics affecting the future of the industry.
His previous roles have included serving as global head of
strategy at asset manager Schroders and head of banking research
at U.S. investment bank Morgan Stanley.
UBS shares have been under pressure, falling 31.4% over the
past year versus a 22.9% slide in the STOXX Europe 600 Banks EUR
Price Index and dipping below 10 Swiss francs this
($1 = 0.9860 Swiss francs)
(Reporting by Michael Shields; editing by Jason Neely)
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