UBS's Paula Polito and Dawn Fitzpatrick Ranked Among 25 Most Powerful Women in Finance by American Banker
September 26 2016 - 04:30PM
Business Wire
Paula Polito, Client Strategy Officer of UBS Wealth Management
Americas, and Dawn Fitzpatrick, Global Head of Equities,
Multi-Asset, & O'Connor, were named among the 25 Most Powerful
Women in Finance by American Banker magazine. The two UBS Group
Managing Directors were honored for their professional and personal
achievements and their business acumen. The 14th annual ranking
recognizes women whose outstanding performance is driving change in
the non-bank finance sector, including capital markets, asset
management, investment banking and card networks.
"Paula and Dawn continue to set a high standard for all of us at
UBS, as well as for rising leaders across the financial services
industry," said Tom Naratil, President UBS Wealth Management
Americas and President UBS Americas. "We're proud of their many
accomplishments throughout their careers and the important
contributions they continue to make to our success. I'm pleased to
join all of my UBS colleagues in offering them our well-deserved
congratulations."
Polito is WMA's Client Strategy Officer and a Group Managing
Director, one of 124 at UBS AG globally, and a member of the
Executive Committee of UBS Wealth Management Americas. As Client
Strategy Officer, she leads 350 employees, accountable for $160
billion in assets for the firm. Polito is directly responsible for
six significant areas of business, including WMA's Corporate
Solutions businesses, which cover Retirement Plan Consulting,
Equity Plan Advisory Services, Institutional Consulting, and the
Wealth Advice Center for emerging affluent clients. She plays a key
role in setting the strategic direction of the firm and also serves
as Chairman of UBS’s Client Strategy Office Forum, an organization
dedicated to enhancing the client experience across all global
divisions of UBS.
"Diversity of thought, perspective and experience enriches
society and strengthens industries," said Polito. "The American
Banker awards bring renewed attention to the critical challenge of
making sure the financial services industry remains inclusive and
diverse. It's a privilege to be recognized."
Fitzpatrick is the Global Head of Equities, Multi-Asset, &
O'Connor, and is responsible for overseeing more than CHF 300
billion in assets and over 350 employees, of which approximately
250 are investing professionals. She is also a member of the
esteemed Federal Reserve’s Investor Advisory Committee on Financial
Markets, a forum of 14 leaders in the investment community. They
discuss financial, economic and public policy issues and help
inform the New York Fed president and senior management.
Fitzpatrick is also a member of 100 Women in Hedge Funds, a global
organization focused on educational programming and
philanthropy.
"It's an honor to be included in this group of inspirational
industry leaders who play an important part of driving our industry
and businesses forward. Since I started my career on Wall Street so
much has changed in for women in terms of opportunity and growth.
I'm appreciative to American Banker for highlighting and
celebrating the evolution of diversity in finance."
Notes to Editors
About UBS Wealth Management Americas
Wealth Management Americas is one of the leading wealth managers
in the Americas in terms of financial advisor productivity and
invested assets. Its business includes UBS’s domestic US and
Canadian wealth management businesses, as well as international
business booked in the US. It provides a fully integrated set of
wealth management solutions designed to address the needs of ultra
high net worth and high net worth clients.
About Asset Management
Asset Management is a large-scale asset manager with a presence
in 22 countries. It offers investment capabilities and investment
styles across all major traditional and alternative asset classes
to institutions, wholesale intermediaries and wealth management
clients around the world. It is a leading fund house in Europe, the
largest mutual fund manager in Switzerland, the third-largest
international asset manager in Asia, the second largest fund of
hedge funds manager and one of the largest real estate investment
managers in the world.
About UBS
UBS provides financial advice and solutions to wealthy,
institutional and corporate clients worldwide, as well as private
clients in Switzerland. The operational structure of the Group is
comprised of our Corporate Center and five business divisions:
Wealth Management, Wealth Management Americas, Personal &
Corporate Banking, Asset Management and the Investment Bank. UBS's
strategy builds on the strengths of all of its businesses and
focuses its efforts on areas in which it excels, while seeking to
capitalize on the compelling growth prospects in the businesses and
regions in which it operates, in order to generate attractive and
sustainable returns for its shareholders. All of its businesses are
capital-efficient and benefit from a strong competitive position in
their targeted markets.
UBS is present in all major financial centers worldwide. It has
offices in 54 countries, with about 34% of its employees working in
the Americas, 35% in Switzerland, 18% in the rest of Europe, the
Middle East and Africa and 13% in Asia Pacific. UBS Group AG
employs approximately 60,000 people around the world. Its shares
are listed on the SIX Swiss Exchange and the New York Stock
Exchange (NYSE).
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UBSPeter Stack, 1-212-882-5692Peter.Stack@ubs.com
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