The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Foreign Exchange

People moves: UBS names new head of FICC

UBS has hired Carsten Kengeter as its new global head, fixed income, currencies and commodities (FICC) within its investment bank. Kengeter, who will join UBS from Goldman Sachs, relocating from Hong Kong to London, is the replacement for André Esteves, who quit the bank earlier in the year. He will report to Jerker Johansson, the chairman and chief executive of UBS Investment Bank, who had also been acting as an interim head of FICC. Kengeter will also join the investment bank's executive committee and the UBS Group's managing board.

“Carsten is a high-calibre leader who brings broad geographic and product expertise to the firm as well as a depth of experience and skill-set which greatly complements our FICC management team," says Johansson. “We will continue to build on our bench of senior talent as we move towards our goal of strengthening our fixed income business and getting all our FICC businesses back on the road to profitability and competitiveness.”

The bank’s co-heads of FX and money markets, Fabian Shay and Reto Stadelmann, will report to Kengeter when he joins in early 2009. Until then, Johansson will continue to manage the FICC business on an interim basis.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree