(Boursier.com) — UBS, one of the world’s largest wealth managers, confirms its strategic commitment to France by appointing Emilie Jadat O’Shea and Cyril Zastawnik as co-heads of a new service dedicated to French single Family Offices .
Single Family Offices – structures that allow families to organize their wealth interests and meet the challenges of an ever-changing world – have quickly become a priority in the development of UBS in France.
Named Global Family and Institutional Wealth (GFIW), the division offers a single entry point to its clients, allowing them combined access to Investment Banking and Wealth Management services. At the heart of the group’s activity, the GFIW team has a global presence. In continental Europe, the French branch will complement the teams present in Germany, England, Italy and Luxembourg.
Xavier Bélis, CEO of UBS (France) SA, Branch Manager of UBS Europe SE and COO for France, said: “We are delighted to welcome Emilie and Cyril to our team. One of the strengths of the UBS group is the breadth of its range of services.We cover both personal needs (wealth management, generational transmission of family businesses, diversification of a portfolio) and professional needs (mergers and acquisitions, capital and debt restructuring, management of With wealth management, investment banking and asset management present in France, we are best placed to support the most sophisticated clients.”
Henri Mills, Head of Global Markets Distribution France & Benelux, explains: “The creation of a Family Office has become the preferred solution for a large number of wealthy families in France. Our GFIW service offers them access to the three global divisions of UBS.We are both a strategic advisor in all their activities, a force of proposal in the definition of tailor-made solutions, and we are recognized for our ability to execute at the institutional level, ensured by the significant presence of our investment bank. in Paris.”
Johann Rivalland, Head of Wealth Management UBS France, commented: “We want to develop our clientele and our top-of-the-range offer in France. The GFIW service fits perfectly into this commercial logic and will allow us to support our clients in a holistic way. in their financial situations.
Reinforcement
Emilie Jadat O’Shehas joined UBS, with more than twenty years of international experience in investment banking in London and Paris, capitalizing on a dual Corporate Finance and Markets culture, her expertise in Large Cap as well as in the French ecosystem. Tech will complement the skills of the UBS group in France. She holds a Master’s degree in Corporate Finance from Paris Dauphine University and a Post Graduate Degree from Paris Nanterre University.
A member of the GFIW Europe team since 2018 and based in Luxembourg, Cyril Zastawnik will take up his post at UBS France from April 2 and will be based in Paris. During his 14 years in London and Luxembourg, before joining UBS in 2013, Cyril Zastawnik held various positions within the Corporate and Investment Banking division at JPMorgan bank. He holds an MAS in Finance from the University of Bern and an MSc in Wealth Management from the Simon Business School at the University of Rochester, New York.
Over the coming months, UBS will seek to reorganize its presence in France by integrating UBS (France) SA, which is currently a separate legal entity owned by UBS, into a branch of UBS Europe SE. . This restructuring should allow greater collaboration between the three divisions present in France – wealth management, investment banking and asset management – as well as giving the opportunity to the French activity to take advantage of the position stronger capital base of UBS Europe SE, to meet future regulatory requirements and to simplify the legal structure of the company.