UK Chief Executive Mark Yollop To Part Ways With UBS

UBS AG has a key vacancy to fill, following a recent announcement from Mark Yollop, the current Chief Executive of UK operations for the Swiss bank, revealing he will be parting ways in September.

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Mr. Yallop tenure at UBS was rather short-lived, joining the Swiss banking giant in 2013 as the UK Chief Executive. Prior to UBS he was Group COO at ICAP for over six years, as well as Group COO at Deutsche Bank since 1995. Mr. Yallop’s role at UBS included the restructuring and oversight of the group’s UK business, coupled with the Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term. It is unclear where Mr. Yallop’s next landing spot is, as he is slated to leave UBS only in September.