Swiss banking firm UBS AG today said it has appointed Robert J McCann as the Chief Executive Officer of UBS Wealth Management Americas and member of the Group executive board.

McCann, who is 51-years old, would immediately assume responsibility for the firm's domestic wealth management businesses in the US and Canada, UBS said in a statement.

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Prior to joining UBS, he had a 26-year career at Merrill Lynch, during which he held a variety of executive leadership positions throughout the firm. Before his departure in January 2009, McCann was vice chairman of Merrill Lynch & Co, Inc and president of Global Wealth Management.

"Robert has an outstanding reputation as an inspiring and thoughtful leader and will apply his long and deep client relationship and business experience to gain market share, increase profitability and grow our Wealth Management Americas business," UBS Group CEO Oswald Gruebel said.

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