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Ex-UBS exec appointed CEO of Swiss wealth manager

Swiss wealth manager LFA SA appointed René Marty, previously CEO of UBS Group AG unit UBS Swiss Financial Advisers AG, as its new CEO, according to a June 7 statement.

Marty, who has 25 years of experience in the Swiss banking sector, also worked as head of sales and relationship management at Credit Suisse Group AG unit Credit Suisse Private Advisors AG. Based in Zurich, he will manage LFA's development and growth in the U.S. market, where the company will provide wealth management services.