Carlos Criado-Perez is currently Chairman of the Board of Dinosol Supermercados and is a Board Member of X5 in Russia. He was until 2004 Chief Executive of Safeway plc, and prior to that held senior roles at Wal-Mart and SHV Makro. In his new role, he will help to build our franchise globally leveraging his long standing senior experience of retail in Europe, Asia and the Americas.

Manfred Reichl is the retiring Managing Partner of Roland Berger in Vienna, having successfully built over 20 years the leading management consultancy practice in Austria and the CEE region. In his new role, he will work closely with Lucas Wilson and Klaus Vukovich to further strengthen UBS's investment banking franchise in Austria and key CEE markets.

Both Carlos and Manfred will report to Alex Wilmot-Sitwell, Joint Global Head IBD.