UBS names ex-Fidelity veteran responsible for its wealth management arm

UBS has named Paolo Federici responsible for its wealth management business in Italy.

Federici will take on his new role alongside that of head of wealth, which he has been holding since April.

Succeeding Fabio Innocenzi, who is moving to Banca Carige, Federici will be reporting to Christine Novakovic, head of UBS wealth management EMEA.

Federici joined UBS from Fidelity International where he worked for 12 years holding a wide range of positions, most recently he was head of Northern Europe. Prior to that, he held the role of global head of Product, and formerly, he was head of Southern Europe and LatAm. Before, he worked at the firm as head of sales and Italy’s country head for eight years.

Prior to joining Fidelity, Paolo led the business development effort of Sanpaolo Imi’s wealth management division. He also worked as general director at Epta Consors.

Both Ferruccio Ferri, head of Global Segments and Alberto Martini, head of Growth responsible for UBS business development in Italy will report to Paolo Federici.

UBS Europe SE – Italy branch, leverages on a network of 12 offices in Northern, Central and Southern Italy and on UBS.

ABOUT THE AUTHOR
Eugenia Jimenez
Eugenia Jiménez speaks Spanish and is Iberia Correspondent for Investment Europe covering Spain & Portugal, as well as assisting with coverage of Italy. She holds a UK NCTJ- accredited Multimedia News Reporting course and studied Journalism at the University of Sevilla. She has worked for local media organisations in Sevilla and Málaga, mainly in broadcasting as a news reporter, among other roles. She has also worked for a local newspaper in Sevilla, reporting on current affairs, local government and culture.

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