Chief Economist to step down at UBS Investment Bank

UBS Investment Bank has announced the departure of Scott Haslem, chief economist, Australia, effective August 2017.

Haslem joined the bank in 1998 and leaves to pursue opportunities outside sell-side research.

He is to be replaced by senior economist, George Tharenou, who has been with the bank for 11 years.

Commenting on Haslem's departure, a spokesperson said: "Scott has made an invaluable contribution to the business and has led a consistently top-rated Australian Economics team over the past 10 years. We would like to thank Scott for his long-term dedication and commitment to UBS, and his direct contribution to our market-leading Australian franchise. Scott's thought leadership and professionalism will be missed."