Swiss banking major UBS recently announced the elevation of Uday Odedra as the country head of its India operations, which employ over 6,700 people. Following this it has created a new post of Chairman for India and made Harald Egger, who holds the post at present, as the chairman, as per an official statement.
Uday has been with the bank for over two decades and was based in London before joining the founding team of the India operations in 2015.
UBS-Business Solution Centers employs over 6,700 people in Pune, Mumbai and Hyderabad, and provides services to UBS businesses globally, the bank's statement said.
The UBS statement said Uday played a central role in developing its digital and technology presence in India and he was also named head of technology for the Asia Pacific region in 2017.
Egger will relocate to Switzerland and provide strategic oversight to the India operations and continue as the group head corporate services, it said.