American Banker honors UBS’s Rosemary Berkery with Lifetime
Suni Harford of UBS Asset Management and Paula Polito of UBS Global
Wealth Management named to the 25 Most Powerful Women in Finance list
NEW YORK–(BUSINESS WIRE)–Three UBS executives will be recognized at American Banker’s 2018
Most Powerful Women in Finance gala in New York City this evening. UBS
retiree Rosemary Berkery will be honored with the special 2018 Lifetime
Achievement Award. Suni
Harford, Head of Investments at UBS Asset Management and Paula
Polito, Client Strategy Officer of UBS Global Wealth Management
(GWM) were named to their 25 Most Powerful Women in Finance list.
Considered one of the industry’s most prestigious honors, the annual
ranking recognizes the professional achievements and influence of
top-performing female executives in banking and financial services. The American
Banker rankings are below:
- Lifetime Achievement Award: UBS retiree, Rosemary
- Most Powerful Women in Finance, No.14: Suni
Harford, Head of Investments, UBS Asset Management
- Most Powerful Women in Finance, No.20: Paula
Polito, Chief Strategy Officer, UBS Global Wealth Management
Throughout her 40-year career, Rosemary Berkery has been an instrumental
figure in the banking and finance industry. Rosemary joined UBS in 2010
as Vice Chairman of UBS Wealth Management Americas (WMA) and Chairman &
CEO of UBS Bank USA (BUSA). Until her retirement in early 2018, Rosemary
oversaw the offering of BUSA’s banking and lending capabilities to high
net worth and ultra-high net worth clients of WMA. She grew the deposit
base from approximately $23B to $55B over a five-year period; more than
doubled the securities-based loan book; and built both a HNW mortgage
business and a credit card business from scratch.
Rosemary is dedicated to philanthropic causes, which focus on the
education of underprivileged children and organ
transplantation/donation. To that end, she serves on the Board of
several not-for-profit organizations that focus on her passionate
interests. Most recently, Rosemary was elected to the Board of
OPTN/UNOS, the Organ Procurement and Transplantation Network. As an
organ recipient of a new heart that gave her a second chance at life,
this is a cause especially close to Rosemary’s “heart.”
Harford is ranked #14 on the 25 Most Powerful Women in Finance list.
This is the sixth year that Suni
has been named to the list. Suni joined UBS Asset Management as Head of
Investments in July 2017. She is responsible for over CHF 677 billion of
the CHF 819 billion in invested assets under management (as of July 31,
2018), and has been instrumental in driving the division’s overall
business strategy. Reporting into Suni
are UBS AM’s active equities funds and portfolios, active and passive
fixed income funds, index and systematic beta (passive equity) funds,
multi-asset, tactical asset allocation and one of the oldest hedge funds
in the market, UBS O’Connor.
is responsible for UBS AM’s Sustainable & Impact Investing programs. Suni
is a prominent diversity champion, both in the financial services sector
and the wider business community. She is actively involved in UBS’s
Diversity & Inclusion Committee and a senior sponsor of UBS’s women’s
networking and mentorship organization, All Bar None.
“We are delighted that Suni has been recognized as one of the most
influential women in driving positive change in the financial services
industry. We are also proud that Suni’s passion for fostering a culture
of diversity and excellence has been making a strong impact since she
joined UBS Asset Management last year,” Ulrich Koerner, President of UBS
Asset Management and President UBS Europe, Middle East and Africa.
Underscoring the strength of UBS women leaders, Paula
Polito is ranked #20 on the 25 Most Powerful Women in Finance list.
This is the 4th consecutive year that Paula
has been named to the list. On February 1, 2018 Paula
was named the Client Strategy Officer of the newly created UBS Global
Wealth Management organization. She was charged with building, on a
global scale, the model she successfully designed and executed in the
US. GWM was formed by the merger of the firm’s international and US
wealth management businesses. GWM’s Global Executive Committee, to which Paula
was appointed, now oversees the world’s largest wealth manager, with
around $2.4 trillion in assets.
dedicates much of her time to mentoring the next generation of leaders,
particularly women, solidifying her and UBS’s commitment to diversity.
In addition, she gives back to the community by volunteering during
UBS’s Season of Service campaign and sitting on a series of boards that
support education and women’s health, including Harvard Medical School’s
Division of Women’s Health at Brigham and Women’s Hospital, which
challenges the idea that diseases should be treated the same way across
“Through her long record of achievement and her unique combination of
talent, compassion and versatility, Rosemary set a high standard for
generations of colleagues. Her incredible dedication and ability to
inspire the best in those around her are reflected in leaders like Suni
and Paula, who are rightly being recognized for their significant
accomplishments at the highest levels of our industry. All three have
been tirelessly committed to UBS, our clients and our values – both in
and out of the workplace. I’m very proud to congratulate them on behalf
of all of our colleagues,” said Tom Naratil, Co-President UBS Global
Wealth Management and President UBS Americas.
“These UBS honorees are strategic leaders in an era of disruption,” said
Bonnie McGeer, Executive Editor of American Banker. “Like all of
the honorees, they stand out not only for their performance, but in
their commitment to helping other women ascend to senior ranks.”
The full ranking is available at www.americanbanker.com/women-in-banking.
Notes to Editors:
About American Banker’s Most Powerful Women in Banking
American Banker’s Most Powerful Women in Banking program
recognizes the professional achievements and influence of top-performing
female executives in banking and financial services. The annual program,
now in its 16th year, encompasses four lists: the 25 Most Powerful Women
in Banking™, the 25 Most Powerful Women in Finance, the 25 Women to
Watch, and the Top Teams in Banking.
UBS provides financial advice and solutions to wealthy, institutional
and corporate clients worldwide, as well as private clients in
Switzerland. UBS’ strategy is centered on our leading global wealth
management business and our premier universal bank in Switzerland,
enhanced by Asset Management and the Investment Bank. The bank focuses
on businesses that have a strong competitive position in their targeted
markets, are capital efficient, and have an attractive long-term
structural growth or profitability outlook.
Headquartered in Zurich, Switzerland, UBS has offices in 52 countries,
including all major financial centers, and employs approximately 60,000
people. UBS Group AG is the holding company of the UBS Group. Under
Swiss company law, UBS Group AG is organized as an Aktiengesellschaft, a
corporation that has issued shares of common stock to investors.