The senior capital markets banker at UBS has re-emerged as the chief financial officer of a company that produces food and fertiliser from insects.
Isabelle Toledano-Koutsouris, who was most recently head of private capital markets for Europe, the Middle East and Africa at the Swiss bank, is now chief financial and support officer at Ÿnsect, which describes itself as the “world leader in natural insect protein and fertilizer production”, it said in a 30 November statement.
Toledano-Koutsouris spent more than 11 years at UBS in a variety of senior investment banking roles until her departure in August. She was previously head of corporate debt capital markets and derivatives for Emea and also ran its high yield corporate derivatives business in the region. She was also a founding member of its diversity council.
READ UBS shakes up senior ranks of its private markets unit
Ÿnsect also announced two other senior appointments, which its president and chief executive, Antoine Hubert, was part of its ambition to “accelerate the consumption of protein and plants across the globe”.
The firm said it has used technology to create 300 patents to produce molitor and buffalo mealworms.
In May, UBS unveiled a shake-up of its private capital markets team, naming Jason Hutchings as a replacement for Toledano-Koutsouris.
In July 2019, UBS unveiled a new team of senior bankers leading a new private capital markets division, focused on transactions and investments including last-stage financing of companies before initial public offerings and structured private credit. Banks have created new teams of dealmakers to target high-growth companies raising ever larger sums of money away from public markets.
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