Bryce Doherty was named head of Australia and New Zealand for UBS Global Asset Management.
Mr. Doherty succeeds Ben Heap, who stepped down to pursue an entrepreneurial opportunity, confirmed a Sydney-based UBS spokeswoman. Mr. Heap couldn't immediately be reached for comment.
Previously, Mr. Doherty served as UBS Global Asset Management’s head of wholesale for Australia and New Zealand. Alistair Dunne has replaced Mr. Doherty.