UBS Global Wealth Management is undergoing a leadership change as Bruno Marx, the global investment management head, plans to retire next year. Solita Marcelli, currently the chief investment officer for the Americas, will take over as global head of investment management on July 1, overseeing operations across Switzerland, EMEA, the Americas, and Asia Pacific. She will manage the bank's discretionary, advisory, and investment fund offerings while continuing her role in wealth planning and insured solutions, which encompass over $2 trillion in client assets.