UBS today adopted its new unified brand name, UBS Global Asset Management, replacing Brinson Partners, Brinson Advisors and Brinson Canada in North America; Phillips & Drew in the United Kingdom; and UBS Asset Management in Europe, the Middle East, Africa and Asia.
Separately, Brian M. Storms will become UBS Global Asset Managements CEO for the United States and Canada July 1. He replaces Benjamin F. Lenhardt Jr., who will remain chairman until his retirement in December 2003. Mr. Lenhardt will focus on client and consultant relationships. Mr. Storms was president and COO of the UBS Global Asset unit.