Robert Karofsky Appointed Sole President UBS Investment Bank as Piero Novelli Retires

Robert Karofsky has been appointed sole President UBS Investment Bank, following Piero Novelli’s decision to retire from the banking industry to pursue new opportunities, including non-executive chairman positions and roles in academia teaching finance and business. Novelli will step down as Co-President Investment Bank on 31 March 2021. Together, Karofsky…