UBS has reappointed Sergio P Ermotti as its group chief executive and president of the group executive board, following the announcement of its acquisition of Credit Suisse.
He will take up the role on 5 April 2023, after the Annual General Meeting and succeed Ralph Hamers.
UBS said Mr Hamers has agreed to step down to serve the interests of the “new combination, the Swiss financial sector and the country”.
He will stay at UBS during a transition peri...