Paul Knight appointed as chairman of UBS Canada

Date: Monday, May 11, 2009

UBS has appointed Paul Knight as chairman and chief executive of UBS Canada.

In this role, he will report to Robert Wolf, chairman and chief executive, UBS Americas.

Knight will also continue in his current role as joint global head of metals and mining for the investment banking division.

Currently residing in London (UK), Knight will re-locate to Toronto and assume his new duties as of 1 June.

Knight joined SG Warburg (a predecessor firm to today's UBS) in London in 1994. During his 15-year career at UBS Investment Bank, Knight has worked in New York and Hong Kong in addition to London. He has previously been the head of the industrials team in Europe, the Middle East and Africa, head of Latin American investment banking, and co-head of Americas metals and mining team.

"Canada has been a profitable contributor to UBS's global operations and we see a number of opportunities to grow all of our businesses here," says Knight. "I also see Toronto becoming a bigger centre for the metals and mining business of UBS's investment bank."