By Emma Farge GENEVA, March 31 (Reuters) - UBS CEO Sergio Ermotti said on Tuesday he would remain at the helm of the Swiss bank until at least April 2027, and left open the possibility of staying on
UBS CEO Sergio Ermotti Commits to Stay Until April 2027 During Credit Suisse Integration
Sergio Ermotti's Leadership and UBS-Credit Suisse Integration
By Emma Farge
Ermotti's Commitment to UBS
GENEVA, March 31 (Reuters) - UBS CEO Sergio Ermotti said on Tuesday he would remain at the helm of the Swiss bank until at least April 2027, and left open the possibility of staying on for longer.
Guiding UBS Through the Credit Suisse Acquisition
Ermotti has pledged to see his bank through the process of integrating its fallen rival Credit Suisse, which UBS acquired in 2023. He is also attempting to shepherd UBS through new regulations that authorities are preparing for the bank.
Statements at the International Center for Monetary and Banking Studies
"I will stay at least until next year in April and then we will take it from there," Ermotti said at an event organised by the International Center for Monetary and Banking Studies.
Succession Planning at UBS
Regarding his future successor, Ermotti has said he would like it to be an internal candidate. He told the audience in Geneva that the bank already had good candidates.
"And then when the day comes, it's going to be a matter of choosing the person based on the current needs of the bank," the 65-year-old Ermotti said.
Ermotti's Return to UBS
Ermotti, who also previously headed UBS from 2011 to 2020, was brought back in 2023 to steer the bank through the incorporation of Credit Suisse.
(Reporting by Emma FargeEditing by Dave Graham)
