NEW YORK: Peter McKillop has left his position as CCO for the Americas at UBS after less than a year with the company - he is replaced by Marsha Askins, who took over the role on June 1.
McKillop joined UBS in July 2011 to lead corporate communications and branding activities for the Americas region. He left the company to take a “professional sabbatical,” according to an internal memo from UBS seen by PRWeek.
Prior to his tenure at UBS, McKillop was EVP of financial communications at Edelman, and director of global communications at Kolhberg Kravis Roberts. He also worked at JP Morgan, Bank of America, and as a journalist with Newsweek.
Askins' appointment comes as the company merges its Wealth Management Americas corporate communications functions with its Communications and Branding department.
In her new role, Askins will oversee media relations, internal and executive communications, brand management, and community affairs for the Americas. She reports to global CCO Michael Willi and Bob McCann, CEO of UBS Group Americas.
Askins, who joined UBS in 2007, was previously head of marketing and communications for the Wealth Management Americas division. She has held senior positions at US Trust Company, Atlantic Trust Private Wealth Management, and Wachovia Bank.
UBS reported a 54 percent decrease in profits in the first quarter of 2012. The bank faced shareholder opposition in May over executive compensation, despite having already changed the way it set bonuses.