UBS Group announces Piero Novelli and Robert Karofsky to its Group Executive Board as upcoming co-Presidents of the Investment Bank

– SWITZERLAND, Zurich – UBS Group AG (NYSE:UBS | SWX:UBSN), today announced that following the decision of Andrea Orcel to accept the role of CEO of Santander Group, Piero Novelli and Robert Karofsky will jointly become co-Presidents of the Investment Bank and members of the Group Executive Board of UBS Group AG, effective 1 October 2018.…