Effective 5 April 2023

The Board of Directors of UBS Group AG Announces Sergio P. Ermotti as Its New Group Chief Executive Officer

Date:

Author: Funds Society, Miami

  1. The Board took the decision in light of the new challenges and priorities facing UBS after the announcement of the acquisition
  2. Ralph Hamers will remain at UBS and work alongside Sergio P. Ermotti as an advisor during a transition period to ensure a successful closure of the transaction and a smooth hand-over