MILAN- Rothschild & Co has appointed Paola Volponi, a former UBS manager, as head of wealth management in Italy, the financial advisory firm said in a statement on Thursday.

Before joining UBS , where she headed the global financial intermediaries segment and the UHNW (Ultra High Net Worth Individuals) one in Italy, Volponi worked in corporate finance and M&A in Milan and London for JP Morgan.

Rothschild & Co has been in Italy for 25 years and launched its wealth management business in Milan in 2014, becoming a fully licensed SIM in 2019.

(Reporting by Maria Pia Quaglia; editing by Jason Neely) ((mariapia.quaglia@tr.com; +39 06 80307737;))