Swiss Bank, UBS, Welcomes Back Frances Fahey as Chief of Staff

Fahey is returning after 3-year stint at R&M

She is to step into Julie Beavans shoes.

Take Advantage of the Biggest Financial Event in London.

Financial News reports that Fahey is stepping into Julie Beavan‘s shoes after that latter was tapped in February to head the firm’s investment bank in the United Kingdom.

Fahey, who spent 12 years at UBS before leaving in 2016, will now join the banks global markets management forum after a three-year-plus stint at River and Mercantile Group (R&M) where she was Chief Operating Officer (COO)

Fahey's File

Fahey, who was an Executive Director and Investment Banking Division Team Leader in UBS Investment Bank between 2004 and 2005, boasts of a prolific career at UBS.

Between 2004 and 2010, she was the Managing Director, Equity Capital Markets, and the Head of European Emerging Markets Origination.

She rose to become the Managing Director and COO, Global Corporate Client Solutions in June 2015.

“As COO, I was a strategic enabler and partner to the business, helping to develop, execute and oversee the global strategy, responsible for global governance and all aspects of the operating model and infrastructure,” Fahey wrote on her LinkedIn profile.

She left this role in December 2016 to become River and Mercantile Asset Managements Chief Administrative Officer in January 2018.

Within nine months, she was promoted to COO at River, a role she managed for over three years before returning to UBS.

UBS Strong Market Presence

In February, UBS published its financial results for the 2021 fiscal year. The companys net profit came in at $7.5 billion.

Earlier in January, the bank announced its plan to acquire Wealthfront, a prominent automated wealth management firm focused on the US market, in a deal worth $1.4 billion.