Civitillo and Skrumsager will report to Raj Dhanda, head of global capital markets at the New York-based bank, said the person, who declined to be identified because the appointments weren’t made public.
The news follows the appointment of Mikhail Sukhobok in May 2012, from MICEX-RTS, to head the firm’s global electronic trading division.
In his new position Mr. Davis will manage the investment portfolios of a select group of private clients, leveraging both the wealth management expertise of the firm and his significant experience managing assets.
Mark Pomo, who had been with Morgan Stanley Smith Barney for more than two decades, moved to UBS in late May. He managed $230 million in client assets and generated more than $600,000 in annual revenue production last year.
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