Robert J. McCann was named chief executive of UBS Group Americas, adding to his responsibilities for the firm’s wealth management unit, the Swiss-based firm said Thursday as it announced a new leadership lineup.

In an internal memo to employees on Thursday, McCann said he is “proud” to serve in his new role as chief executive of UBS Group Americas. McCann replaces Philip J. Lofts as chief executive of the group Americas unit, as Lofts reclaims his former role as group chief risk officer.

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