People News: Moves at BofA, Goldman, UBS and Deutsche Bank
BofA's vice chair of financial institutions Mark Ellman will retire next month. [Bloomberg]
Yusuf Alireza is leaving his post as a Goldman Sachs's co-president in Asia to become CEP of the Noble Group, a commodities trader based in Hong Kong. [WSJ]
Sergio Ermotti was named CEO of UBS. Axel Weber, a former chief of the German central bank, will take over as chairman next year, a year earlier than planned. [NY Times]
Alex Denner resigned from his post as the top healthcare deputy for Carl Icahn's fund. [Reuters]
Ex-Man Group executive Anthony Lawler joined Ireland-based investment management firm GAM as a portfolio manager. [Hedge Fund Net]
Deutsche Bank CEO Josef Ackermann abandoned a plan to become supervisory board chairman in 2012. Instead, the post will be filled by Paul Achleitner, the finance chief of insurer Allianz SE. Ackermann will step down as chief executive as planned in May and succeeded by Juergen Fitschen and Anshu Jain. [Bloomberg]