British-Lebanese banker Paul Raphael is now an executive vice-chairman of the Swiss multinational investment bank UBS, a source told finews.asia.
According to the website, UBS said it was discussing options to terminate Raphael earlier in the year but he made a comeback. He will now be Head of Europe and Emerging Markets for the company.
The 56-year-old banker is fluent in Arabic, French, Portuguese, and Spanish and English. Raphael received a bachelors in Economics from the University of Maryland and a Master of Science in Management from the MIT Sloan School of Management.
Paul Raphael previously served as a managing director for Credit Suisse and Merill Lynch. His experiences include Chairman of Central Europe, Middle East and Africa & Head of IBD for the Asia-Pacific Region.
A spokesman for UBS did not confirm or comment on the story.