UBS Ermotti Banking Career and Leadership Roles

Marcel Ospel, a former UBS executive, was a mentor to Sergio Ermotti, who later succeeded him as CEO. Ermotti's banking career began in 1987 at the Swiss Bank Corporation.

Ermotti joined UBS in 1992 as head of corporate client solutions. He worked closely with Marcel Ospel, who was then CEO of UBS.

Ermotti's leadership roles at UBS include serving as CEO from 2011 to 2020, and as a member of the bank's executive board from 2007 to 2011.

Sergio Ermotti was born on 11 May 1960 in Lugano, Switzerland, an Italian-speaking city.

After secondary school, he pursued aspirations of being a professional footballer or sports teacher.

Ermotti decided to fill his time with an apprenticeship at the Cornèr Bank in Lugano, where his father was employed.

He invested part of his earnings into a high-yield bond, and at the end of his apprenticeship bought himself a motorbike.

Fascinated by foreign exchange trading, he started a training program in the Securities Department of the bank.

Ermotti received a Swiss federal banking expert diploma and later attended the Advanced Management Program at Oxford University.

Sergio Ermotti's banking career spans over three decades, with a diverse range of experiences that have shaped his leadership skills.

He started his career at Cornèr Bank, where he completed an apprenticeship and was later promoted to trading.

Ermotti then moved to Citibank in Zurich, where he traded equity-linked products and served as a Resident Vice President.

In 1987, he joined Merrill Lynch's Swiss office, holding various positions in equity derivatives and capital markets. He contributed to the expansion of the capital market business in Switzerland and was later promoted to managing director.

Ermotti relocated to London in 1993 to lead the European equity derivatives unit and then moved to New York in 1996 as head of global derivatives trading.

He took on additional responsibilities as co-head of global equity markets and a member of the executive management committee for global markets & investment banking.

In 2005, Ermotti joined UniCredit in Milan as head of markets & investment banking, a position he held until 2010.

He served as deputy chief executive officer of UniCredit from 2007, with responsibility for the strategic business area, corporate and investment banking, and private banking.

Ermotti's leadership skills were put to the test when he was appointed interim Group CEO of UBS in September 2011, a position he took on permanently in November 2011.

Here's a quick rundown of Ermotti's key roles:

UBS Ermotti is a significant player in the global banking industry.

The group was founded in 1862 by a Swiss syndicate and has since grown to become one of the largest financial institutions in the world.

It's headquartered in Zurich, Switzerland, and operates in over 50 countries worldwide.

The company has a diverse range of services, including wealth management, investment banking, and asset management.

UBS Ermotti has a long history of innovation and has been at the forefront of many significant financial developments.

One notable example is the introduction of the first credit card in Switzerland in 1956.

The company has also made significant investments in technology, including the development of digital banking platforms.

This has enabled UBS Ermotti to provide its clients with a seamless and convenient banking experience.

The group has a strong commitment to sustainability and has set ambitious targets to reduce its carbon footprint.

By 2025, UBS Ermotti aims to be carbon neutral across its operations and supply chain.

The company has also made significant contributions to the development of the financial industry, including the creation of the first Swiss stock exchange in 1850.

This has helped to establish Switzerland as a major financial hub and has contributed to the country's economic growth.

Sergio Ermotti has held various leadership roles throughout his career. He was appointed as the Group CEO of UBS Group AG in 2011 and has since led the company through significant changes.

Ermotti has also held positions such as Resident Vice President at Citibank in Zurich, managing director at Merrill Lynch, and head of markets & investment banking at UniCredit. He has been instrumental in driving business growth and transformation at UBS.

Here are some of the key leadership roles held by Sergio Ermotti:

Sabine Keller-Busse, on the other hand, has held various leadership roles at UBS, including President Personal & Corporate Banking and President UBS Switzerland. She has been instrumental in driving business alignment, digital transformation, and cultural transformation at UBS.

The Chief Operations and Technology Officer role is a vital position in any organization, and UBS is no exception. This role is responsible for overseeing the bank's technology and operations, ensuring that they are running smoothly and efficiently.

In 2023, Sergio Ermotti was appointed Group Chief Operations and Technology Officer at UBS Group AG. He has been in this position since May 2023, and is also the Chief Operations and Technology Officer at UBS AG.

Before taking on this role, Ermotti had a long and distinguished career in finance. He started at Merrill Lynch in 2005, where he held various management positions, including Head Corporate Strategy & M&A, EMEA and Pacific Rim.

One of the key responsibilities of the Chief Operations and Technology Officer is to oversee the bank's technology infrastructure. This includes ensuring that the bank's systems are secure, efficient, and able to handle high volumes of transactions.

In 2016, Ermotti moved to Standard Chartered Bank, where he held various roles, including Head Group Technology and Operations. He was responsible for overseeing the bank's technology and operations, and implementing new systems and processes to improve efficiency.

Here is a list of some of the key responsibilities of the Chief Operations and Technology Officer:

Overall, the Chief Operations and Technology Officer plays a critical role in ensuring that the bank's technology and operations are running smoothly and efficiently. This role requires strong leadership and technical skills, as well as the ability to manage complex systems and processes.

Sabine Keller-Busse is a seasoned leader with a wealth of experience in the financial industry. She was appointed President Personal & Corporate Banking and President UBS Switzerland in 2021, a role that has given her a unique perspective on business alignment and digital transformation.

One of her key strengths is her ability to drive business growth, which she has demonstrated in her previous role as President UBS Europe, Middle East and Africa. She has also been instrumental in facilitating business growth as President of the Executive Board, UBS Switzerland AG.

Sabine's educational background is impressive, with a Master's degree in economic sciences from the University of St. Gallen and a Ph.D. in economic sciences (Dr. oec.) from the same institution. This academic foundation has likely served her well in her career.

Here are some of her notable professional roles:

Sabine is also a member of several notable boards and organizations, including the Board of Zurich Insurance Group, the Foundation Board of the UBS Pension Fund, and the Board of Trustees of the Swiss Entrepreneurs Foundation.

Markus Ronner is a seasoned leader with over 40 years of experience at UBS, a Swiss universal bank. He has held various positions across the firm, showcasing his adaptability and dedication.

One of his notable roles was as Group Chief Compliance and Governance Officer, a position he has held since 2018. In this role, he is responsible for controlling all non-financial risks, governmental and regulatory affairs, as well as investigations and governance matters at the Group level.

Markus Ronner's experience in governance and compliance is impressive, with a strong background in risk management and regulatory affairs. He has also served as Chairman of UBS Switzerland AG, the leading Swiss universal bank, from 2022 until October 2023.

Throughout his career, Markus Ronner has demonstrated his ability to take on various leadership roles, including Manager of the Group-wide too-big-to-fail program, COO Wealth Management & Swiss Bank, and Head Group Internal Audit.

Here is a summary of Markus Ronner's professional experience:

Markus Ronner's experience and leadership skills make him a valuable asset to UBS, and his dedication to governance and compliance is an inspiration to leaders in all industries.