UBS Group AG named JPMorgan Chase & Co. government Sarah Youngwood as its subsequent chief monetary officer, one other high-profile rent of an American banking veteran because the Swiss financial institution takes on wealth-management rivals within the U.S.
Ms. Youngwood, at JPMorgan for twenty-four years, has been CFO for client and neighborhood banking, a rung down from the C-suite position she’s going to take at UBS. She is succeeding Kirt Gardner, who UBS mentioned determined to go away after 9 years. She is ready to take over in Might after a two-month handover interval.