Union Bank of Switzerland has appointed Charles Zabriske to the newly created position of managing director and head of structured finance operations in North America.

Mr. Zabriske, 35, reports to Richard C. Capone, senior managing director and head of UBS North America's corporate and institutional banking and business development divisions. Based in New York, Mr. Zabriske is responsible for managing UBS's asset securitization, project finance, public finance and real estate finance.

He joined UBS in 1988 and most recently was based in Zurich, where he was responsible for overseeing business strategy and credit policy of UBS's structured finance groups worldwide. Prior to joining UBS, Mr. Zabriske was a vice president at Chemical Bank, involved in project finance and the natural resource industries.

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