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UBS hires new head of EM options from RBS

UBS has appointed the former head of emerging markets (EM) FX spot and forwards from the Royal Bank of Scotland (RBS) as its new global head of EM FX options, according to people familiar with the situation.

Robert Diehl, who left RBS last month, will join UBS in September, reporting to Ritesh Dutta and Can Uran, co-global heads of EM. He will be initially based in Zurich, but will transfer to Singapore in early 2013. Diehl spent 11 years with RBS, running CEEMEA trading for six years before becoming head of EM FX trading at the start of 2010. He began his career with HSBC as an analyst on the options desk in 1997.

In March, UBS hired Manu Tripathi as head of Asia FX options, reporting to Mukesh Dave, co-head of EM Asia macro trading, in Singapore.

UBS declined to comment on the appointment of Diehl.

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