Global financial services firm UBS has named Aashish Kamat as CEO of its India unit, The Wall Street Journal reports. Kamat will manage the bank's India operations.

Kamat will succeed chairman and managing director for India Manisha Girotra, who is leaving the firm at the end of the year. Kamat came to UBS in June as chairman of financial institutions coverage for the firm’s investment bank in Asia-Pacific. Previously, he was with U.S. financial institution JPMorgan Chase & Co. as CFO in Asia.

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