Iqbal Khan, the previous CEO of International Wealth Management at Credit Suisse, is said to be in talks with UBS regarding a senior role in the firm.
The discussion between Khan and UBS comes following the banker’s sudden departure from Credit Suisse, where he was a candidate to succeed Tidjane Thiam as the CEO of the Zurich-Headquartered firm, according to a report by Bloomberg.
Khan is also said to potentially be in talks with Julius Baer, again to potentially enter a top position at the Swiss firm.
The banker is one of the next generation private banking executives to have emerged in the Swiss space, being acknowledge alongside Pictet’s Boris Collardi and Julius Baer’s new CEO Phillipp Rickenbacher.
The hire of Khan would represent an opportunity to bring new energy and direction to its flagship business and would address the succession problem facing the world’s largest wealth manager, according to a report by Finews Asia.
Prior to his position at Credit Suisse, Khan was a managing partner at EY, working in assurance and advisory services.
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