UBS is reshuffling the top brass in Switzerland, with Iqbal Khan, the bank’s co-president of global wealth management to take an expanded role as president for EMEA.

The changes are being triggered by the departure of Axel Lehmann, who is stepping down from his current roles as president for personal & corporate banking and president for UBS Switzerland as of 31 January 2021. He leaves the bank on 31 July after a handover.

Sabine Keller-Busse, currently group chief operating officer (COO) and president EMEA will take both Mr Lehmann’s roles.