UBS Reshuffles FICC Structuring Team

UBS’ global head of FICC structuring, Paul Czekalowski, has stepped down from his role.

UBS’ global head of FICC structuring, Paul Czekalowski, has stepped down from his role, Financial News reports. He oversaw the repackaging of debt and derivatives into other products at the bank, and was part of the bank’s collateralized debt obligation business in London for many years. Paul Levy and Andrea Sambo will take over responsibility for the EMEA FICC structuring business. Levy, who joined UBS in October 2009, has been promoted from his role as European head of institutional structuring. Previously, Sambo served as head of private side structuring for EMEA at UBS.

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