Here's the internal memo from Carsten Kengeter, Andrea Orcel and Bob McCann:
'Dear Colleagues,
After an 18 year career with UBS, Robert Wolf has decided to leave the bank to start his own advisory and consulting firm, 32 Advisors, LLC. We are pleased that he will continue to work closely with UBS as a senior advisor, with a focus on providing client advice and solutions.
Robert has contributed significantly to the firm in managing and growing our business. During his tenure he has held a series of senior leadership roles across the firm including: Member of the Group Executive Board, Chairman and CEO of UBS Americas, President and Chief Operating Officer of UBS Investment Bank, Global Head of Fixed Income and Chair of the firm’s Diversity and Community Affairs Committee.
'I have truly enjoyed my 18 years at UBS and the opportunity to work closely with so many talented and dedicated colleagues. I have been fortunate to build strong, lasting personal and professional friendships, and it has been an honor to serve the firm’s clients to the best of my ability. While I am excited about this next phase of my career and establishing my own firm, I am also pleased to remain engaged with UBS and continue contributing to the company’s growth and progress', said Robert.
We appreciate Robert's commitment to our clients and franchise and are pleased that we will continue our relationship as a client of his new firm. In this new capacity, Robert will be available as a resource to our investment bankers and sales teams, ensuring continuity of coverage. He will continue to work on current mandates, pitches and generating new business for UBS.
Please join us and the entire Group Executive Board in thanking Robert for his dedicated service and significant contributions to UBS. We look forward to continuing our partnership with him in his new endeavors.
Carsten, Andrea and Bob'



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