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UBS appoints Antanas Petrosius as Deputy CEO for Russia and CIS and Head of Investment Banking for Russia and CIS

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UBS today announced the appointment of Antanas Petrosius as Deputy CEO for Russia and CIS and Head of Investment Banking for Russia and CIS. Based in Moscow and joining effective 1 August 2011, Petrosius will work closely with Nick Jordan, CEO for Russia and CIS, to drive the development of the UBS franchise in Russia and the CIS.

Petrosius joins UBS from Credit Suisse, where he was Co-Head of IBD Russia and Chief Executive Officer for Credit Suisse Kazakhstan. Since joining Credit Suisse in 2000, he has also been a member of the Emerging Markets Coverage team within the Fixed Income Department focusing on structured finance and derivative solutions.

Commenting on the appointment, Jordan said: "Russia is a key, strategic growth market for UBS and I am delighted Antanas will join our team here. He brings extensive experience in advisory, capital markets, structured products and derivatives in Russia and CIS countries, which will allow us to leverage all the strengths of UBS for the benefit of our clients in the region."

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