In a statement, UBS said Bryce Doherty, head of Australia and New Zealand for UBS Asset Management, would step down from his role after 10 years with the institution.
“We would like to offer our sincere thanks to Bryce for his contribution to UBS,” the group said.
“During his career at the firm, he has played a key role in the successful build-out of Asset Management in Australia, including the integration of ING Investment Management and the partnership with Yarra Capital Management and CBRE Clarion, and has provided strategic insights to the broader Australian business.”
UBS said Mr Doherty would remain in his position until the end of June to ensure continuity, with current UBS head of Australian real estate John Mowat to step into the role of interim head of asset management.
“John has been a member of the Asset Management Australia Management Committee for the past six years, and he is also a member of the Australia Risk Committee and the Real Estate APAC Investment and Management Committees,” the group said.
“John joined the firm in 2010 and relocated to Sydney in 2015. He brings extensive investment and client management experience having worked in both the EMEA and APAC regions during his 17-year career.”
