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UBS names Paz-Galindo global co-head of M&A amid broader bank shake-up

UBS overhauled its investment-banking unit late last year. Incoming CEO Ralph Hamers, who takes the helm in September, has little experience running an investment bank

Ralph Hamers, incoming chief executive officer of UBS
Ralph Hamers, incoming chief executive officer of UBS Photo: Krisztian Bocsi//Getty Images

UBS named a new global co-head of mergers and acquisitions as part of a broader overhaul of its investment bank that will elevate senior dealmakers in London.

Former JPMorgan dealmaker Nestor Paz-Galindo, who had been leading the Swiss bank's M&A division in Europe, the Middle East and Africa for nearly two years, has been promoted to co-head of the unit globally alongside Marc-Anthony Hourihan, according to an internal memo seen by Financial News.

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