Colm Kelleher UBS Career Path

Colm Kelleher's career at UBS has been a long and storied one. He joined the bank in 1989 and has held various leadership positions since then.

From 2011 to 2015, Kelleher served as the Chief Operating Officer (COO) of UBS's Investment Bank division.

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Colm Kelleher has had a long and distinguished career in finance, with a wealth of experience in leadership roles. He began his career at Morgan Stanley in 1989, where he held various positions, including Co-Head of Fixed Income in Europe from 2004-2006.

Kelleher's tenure at Morgan Stanley was marked by a number of significant achievements, including his role in fending off the sale of the investment bank during the 2008 financial crisis. He also played a key part in shaping the bank's strategy and operations, and was eventually promoted to CEO of Morgan Stanley International in 2011.

Here are some of the key roles Kelleher has held throughout his career:

In his current role as Chairman of UBS, Kelleher has emphasized the importance of stability and discipline in banking, and has pledged to prioritize the interests of the institution over those of individual bankers.

Colm Kelleher's career is a testament to his dedication and leadership skills. He joined Morgan Stanley in London in 1989 and held various positions including Co-Head Fixed Income, Europe from 2004-2006.

In 2006, Kelleher moved to New York and became Head Global Capital Markets. He then took on the role of CFO and Co-Head Corporate Strategy from 2007-2009.

During the 2008 financial crisis, Kelleher and CEO John J. Mack fought against the US Treasury's demand to sell the investment bank. This decision showcased Kelleher's ability to think strategically and make tough decisions.

After the financial crisis, Kelleher continued to rise through the ranks. He became CEO of Morgan Stanley International in 2011 and President in 2016, leading the transformation of the investment bank into a more stable financial services giant.

In 2019, Kelleher stepped down from his role at Morgan Stanley. However, his career did not slow down. He became the President of UBS in 2022 and played a key role in negotiating the acquisition of Credit Suisse in 2023.

Here's a brief summary of Kelleher's key roles:

Colm Kelleher has been nominated as the next chairman of UBS Group AG.

Kelleher, 64, has more than 30 years of leadership experience in banking and excellent relationships around the world.

He will succeed Axel Weber, who is planning to step down after about a decade.

Kelleher's experience will be useful in helping UBS boost its wealth management business in Asia and pursue greater efficiency through more digital offerings.

Weber described Kelleher as having a deep understanding of the global banking landscape.

The bank is also pursuing a costly lawsuit in France where it is contesting a huge fine for helping clients evade taxes.

Kelleher will be helping to guide UBS through this challenging period.

He will stand for election to succeed Weber at the Swiss firm's annual meeting in April.

Lukas Gaehwiler has also been nominated as vice chairman.

Kelleher's appointment is part of UBS's efforts to address a lack of gender diversity on its board, with Weber suggesting that the bank should consider appointing a chairwoman after he exits next year.