Markus Baur has been appointed head of trade and export finance at UBS.

He was previously heading the structured finance team at the bank, after spending 10 years working as transaction manager in the structured finance team.

Based in Zurich, he takes over from Regula Oderbolz, who held the position since 2012, following three years as head of export finance.

Oderbolz has moved to a new role within UBS, taking over strategic projects within the business management of corporate and institutional clients.