UBS has made important appointments in its Global Wealth Management Solutions (GWM Solutions) division to improve client offerings and operational efficiency.

Yves-Alain Sommerhalder, who became the head of GWM Solutions in June, has completed his management team after three months of strategic planning.

Andri Frey has been named Chief Operating Officer, while Jean-Marc Löliger will be Chief of Staff.

Daniel Garcia has also been appointed as Head of Business Risk Organization, in addition to their current responsibilities.

The newly formed GWMS Management Forum includes Laura Huntley (HR), Jürg Zuberbühler, Jan Früh (both Finance), Sven Stucki, Penny Tsekouras (both GRC), Lisa Francomano (C&ORC), Renato Costantini (Legal), and Stefan Lutz (Audit).

Sommerhalder stated that the establishment of this forum will create a "truly integrated value chain," strengthening the management team's expertise in key regions, products, and solutions.

This strategic move is expected to enhance UBS's position in the competitive wealth management sector.