LONDON, April 6 (IFR) - UBS has appointed Ben Crystal to a new role as head of fintech for Europe, Middle East and Africa, to help coordinate the Swiss bank’s coverage of the growing industry for financial technology.
Fintech has emerged as a large and growing sector in Europe, and given its complexity and diversity UBS had created a new role to oversee it, the bank said in a memo to staff.
UBS said Crystal has already been covering a number of fintech sub-sectors for several years, such as technology-enabled lenders. In his new role he will coordinate the bank’s efforts across EMEA business services; technology, media and telecoms; and financial firms, the memo said.
He will work closely with Steve Pierson, global head of fintech and services and US head of FIG; Vik Hebatpuria, US head of fintech and services; and Alex Dunev, specialty finance and marketplace lending. (Reporting by Steve Slater)