According to an internal memo exclusively obtained by media sources, Nicole Su is departing JPMorgan to join UBS, where she will assume the role of Head of Emerging AI Technology Banking for the Americas. The memo reveals that Su is scheduled to start at UBS later this month, based in Menlo Park, California, and will report directly to Laurence Braham, the Global Co-Head of Technology Investment Banking at UBS.

Previously, Su held the position of Executive Director at JPMorgan, serving as the AI and Robotics Lead within its Technology Investment Banking division, where she managed client coverage for AI-related businesses. Her move to UBS underscores the growing emphasis on artificial intelligence within the financial sector as firms compete to secure advisory roles in this rapidly expanding field.

The appointment comes at a time when investment banks are increasingly prioritizing emerging technology sectors, with AI at the forefront of strategic growth initiatives. Su's extensive experience in tech banking and her specialized focus on AI will be pivotal in strengthening UBS's presence in the Americas, as the firm seeks to capitalize on the surging demand for capital and advisory services from AI-driven enterprises.