Preciado, a private banking specialist with more than 23 years’ experience in financial services, covers the Guadalajara metropolitan region, while Zaragoza is responsible for Monterrey.
Abiega, meanwhile, joins the Mexico City corporate team as managing director. He previously served as a private banker for several institutions, providing advice in debt and capital markets.
“This announcement confirms the commitment of UBS [to] the Mexican market – a market with a great growth potential,” said Nicholas Troillet, director of UBS Wealth Management in Mexico.
“We are confident that the arrival of these professionals will strengthen our presence outside Mexico City, besides our position as experts in wealth management, offering more personalised service for the region.”
The appointments come despite plans by UBS to reduce its global headcount. Just under half of the expected 3,500 job cuts will be made in its wealth management and Swiss bank divisions.
