UBS Revamps Leadership Amid Board Shake-Up and CEO Succession Plans

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Source: CNBC
UBS Revamps Leadership Amid Board Shake-Up and CEO Succession Plans
Photo: CNBC
TL;DR Summary

UBS has announced a major overhaul of its executive board, splitting its global wealth management division and appointing new leaders in Asia-Pacific and the U.S. This move is part of a broader strategy for sustainable growth following its acquisition of Credit Suisse. The reshuffle also sets the stage for a successor to CEO Sergio Ermotti, who is expected to step down by early 2027.

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