UBS Names Sergio Ermotti as New CEO and President

Reuters2023-03-29

Sergio Ermotti

March 29 (Reuters) - UBS Group AG named Sergio Ermotti as its next chief executive officer and president on Wednesday, the bank said in a statement.

Ermotti, the current chairman of Swiss Re , is returning to the bank where he was CEO from 2011 to 2020 after its takeover of Credit Suisse .

He will replace current UBS CEO Ralph Hamers from April 5, UBS said.

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