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UBS has hired one of Wall Street's most senior women to oversee $600 billion

UBS' asset-management arm has hired Suni Harford as its head of investments, replacing Dawn Fitzpatrick.

UBS' asset-management arm has hired Suni Harford as its head of investments.

Harford will oversee about $600 billion and about 500 investment staffers from New York, according to a press release.

Harford joins UBS from Citigroup, where she previously worked for 24 years. She most recently was regional head of markets for North America.

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Harford's hire is significant because few women hold executive investment roles within asset-management firms. At hedge funds, for instance, it is unusual to find women at the helm.

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