UBS Reshuffles Israeli Wealth Management Amid Leadership Exit
UBS is restructuring its Wealth Management operations in Israel following a key leadership departure. The bank has appointed a banking veteran as interim Market Head for the region, marking a shift toward a unified leadership model.
Ido Ben Haim, previously Market Head Israel, is leaving UBS to pursue new opportunities outside the firm, according to an internal memo seen by finews.asia. The change comes as UBS continues to align its business segments in the wake of the Credit Suisse integration.
«To support this integration, we have decided to place both divisions under a single leadership structure,» Katya Lehmann, Sector Head WM Eastern Europe, Israel, and Africa, wrote in the memo.
Over 25 Years of Experience
Yariv Shaphyr, who steps in with immediate effect, brings over 25 years of experience in investment advisory, trading, and structuring. Over the past decade, he has held senior roles at both Credit Suisse and UBS, advising Ultra-High-Net-Worth clients across Europe and Israel.
Fluent in English and Hebrew, he most recently served as Head of Global Family and Institutional Wealth in EMEA.
