Maureen Miskovic is leaving UBS, where she has spent less than one year as group chief risk officer.
She leaves in the wake of the $2.3 billion unauthorised losses caused by Kweku Adoboli that the risk department failed to catch losses that also prompted the departure of UBS chairman Oswald Gruebel.
She is replaced by her predecessor, Philip Lofts, who left the risk job to become CEO of UBS in America. He will now be replaced in the US by Robert McCann, who will retain his US wealth management responsibilities.
Miskovic once headed risk management for ill-fated Lehman Brothers, before leaving that...