UBS Hires ING’s Leenaars as Vice Chairman for Wealth Management
(Bloomberg) — UBS Group AG, Switzerland’s biggest bank, hired Cornelis “Eli” Leenaars as vice chairman of its wealth management division, the bank said in a memo sent to staff Wednesday.
Leenaars was previously chief executive officer of ING Retail Banking International at ING Groep NV, UBS’s head of wealth management Juerg Zeltner said in the memo. The contents of the memo were confirmed by a spokesman for UBS.
“Eli displays an outstanding client focus and has a strong track record of creating wealth management solutions for the most complex and sophisticated requirements,” Zeltner said.
UBS is the world’s biggest wealth manager by assets under management.
Leenaars will join UBS April 1 and will be based in Zurich, reporting to Zeltner, the memo said.
To contact the reporter on this story: Jeffrey Vögeli in Zurich at jvogeli@bloomberg.net To contact the editors responsible for this story: Elisa Martinuzzi at emartinuzzi@bloomberg.net Simone Meier
