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UBS also considering external CEO candidates, Bloomberg News reports

Published by Global Banking & Finance Review

Posted on January 20, 2026

1 min read

· Last updated: January 20, 2026

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UBS also considering external CEO candidates, Bloomberg News reports
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Jan 20 (Reuters) - UBS Group’s board is considering possible external candidates to succeed Sergio Ermotti as chief executive next year, alongside a list of internal contenders, Ermotti told Bloomberg

UBS also considering external CEO candidates, Bloomberg News reports

UBS Leadership Transition

Jan 20 (Reuters) - UBS Group’s board is considering possible external candidates to succeed Sergio Ermotti as chief executive next year, alongside a list of internal contenders, Ermotti told Bloomberg News at the World Economic Forum in Davos on Tuesday.

Current CEO Sergio Ermotti

Ermotti, who oversaw the Swiss bank's emergency takeover of Credit Suisse, is set to step down by the middle of 2027, though the timeline has not been finalised.

Potential Candidates

(Reporting by Anna Peverieri Editing by David Goodman)

Key Takeaways

  • UBS is considering external candidates for the CEO role.
  • Sergio Ermotti plans to step down by 2027.
  • The decision includes both internal and external contenders.
  • Ermotti led UBS's takeover of Credit Suisse.
  • The announcement was made at the World Economic Forum.

Frequently Asked Questions

What is a board of directors?
A board of directors is a group of individuals elected to represent shareholders and oversee the activities of a company, ensuring it is managed in the best interests of the shareholders.
What is a leadership transition?
A leadership transition refers to the process of changing the leadership of an organization, which can involve replacing a CEO or other key executives, often to bring new strategies or perspectives.

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