Paul Donovan to join UBS Wealth Management as Global Chief Economist
Zurich, 2 June 2016 – UBS, the world's largest global wealth manager, today announced that Paul Donovan will join its Chief Investment Office as Global Chief Economist.
Paul joins from UBS Investment Bank and in his new role will coordinate the Chief Investment Office's regional economic views, take responsibility for its global economic views, and continue as a member of UBS Wealth Management's Global Investment Committee. He also will continue with his extensive Wealth Management client coverage activities globally.
Juerg Zeltner, President of UBS Wealth Management, says: "Paul is an established global thought leader with a strong track record of providing leading insight on global affairs. His reputation extends well beyond UBS and he has been a strong partner to us and our clients in his current role. We are delighted to welcome him to UBS Wealth Management."
Mark Haefele, Global Chief Investment Officer at UBS Wealth Management, says: "As an external member of our Global Investment Committee, Paul has already played an important part in shaping UBS Wealth Management's investment views. In his new position, Paul will be instrumental in guiding the Chief Investment Office's economic analysis and helping our clients navigate the current financial landscape."
Paul is also a prolific writer, with a particularly strong interest in environmental matters. He has co-authored “From Red to Green? How the financial credit crunch could bankrupt the environment” and “Food Policy and the Environmental Credit Crunch: From Soup to Nuts,” contributed to “How the world really works: the economy,” a children’s guide to economics, and most recently authored "The Truth About Inflation".
Paul joined UBS in 1992 as an intern in the Fixed Income economics team and since 2004 has been a Managing Director. Most recently he has been acting co-head of UBS Investment Bank Economics.
Paul has an MA in Philosophy, Politics and Economics from Oxford University. He is an Honorary Fellow of St Anne’s College, Oxford, sitting on its investment committee and development board, and is a member of the Vice-Chancellor’s Circle of Oxford. He is also a co-founder of the Peter Culverhouse Memorial Trust (a cancer research and patient care charity) and an occasional economic adviser to the East London Business Alliance (an urban regeneration charity).
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