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Woods leaves UBS Australia for regional role

chief-executive-officer/chief-executive/

24 November 2006
| By Darin Tyson-Chan |

Significant changes are occurring at the top for UBS Australia, with the company announcing today that its Australian chief executive, Colin Woods, is stepping down to take up a more senior role based in Singapore.

Woods will become head of third party distribution with UBS — a role that will give him carriage of the company’s retail operations in the region including Singapore, Hong Kong, Taiwan and Australia.

Woods will be succeeded as chief executive officer in Australia by Paul Bolinowsky, who has been head of institutional sales and marketing at Alliance Berstein.

Woods has been with UBS Australia since 1999, and has been chief executive since 2002.

He will take up his new role in Singapore in February, next year.

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