UBS Group AG has made changes to its leadership team in the investment banking division after the departure of several senior executives. The focus of the Swiss lender is on strengthening its capabilities in important sectors, such as health care and leveraged finance.

Jon Levin has been appointed as the global head of health care, in addition to his current role as the global head of consumer and retail. This move follows the departure of David Kostel and is part of UBS's efforts to improve its strategic positioning in these critical areas.