Sergio Ermotti

Sergio Ermotti Pietro ( born May 11, 1960 in Lugano; native entitled ibid. ) is a Swiss Bank Manager and Chief Executive Officer ( CEO) of the Swiss bank UBS.

Life

Sergio P. Ermotti completed an apprenticeship at Cornèr Bank in Lugano. It has the federal diploma as a banking expert and has completed the Advanced Management Program at Oxford University concluded. In 1985, he joined Citibank in Zurich, where he acted with convertibles and finally Resident Vice President was. In 1987 he went as a Vice President at Merrill Lynch and led from Zurich, the Swiss capital market activities. He was promoted to Managing Director in 1993 and moved to London, where he was Head of European Equity Derivatives. He was Head of Global Equity Derivatives in New York City in 1996. From 1997 to 1999 he was Head of Global Equity Linked Products. From 1998 he was the Executive Management Committee for Europe, the Middle East and Africa ( EMEA), based in London, at. From 1999 to 2001 Ermotti was responsible for the equities business of Merrill Lynch in EMEA Head of Equity Markets. From 2001, he was Senior Vice President and Co - Head of Global Equity Markets and led the global equity business. He was a member of the Executive Management Committee, where he led the Global Markets & Investment Banking, as well as the Operating Committee. In December 2005 he moved to Unicredit, where he was Group Chief Executive Officer for Division Multinationals / Investment Banking. From 2007 to 2010 he was Deputy CEO of UniCredit. When he could not move up after the resignation of former CEO, Alessandro Profumo, he left the Unicredit in October 2010.

In April 2011, Ermotti joined UBS, where he was chairman and CEO for EMEA and joined the Executive Committee. Following the resignation of Oswald Gruebel due to a large loss in investment banking at UBS in London Ermotti was appointed by the Board of Directors of UBS as interim CEO of the company on September 24, 2011 since November 15, 2011 he is permanent CEO of UBS.

Sergio Ermotti was from September 2008 to July 2013 a non-executive member of the board of the London Stock Exchange. From 2007 to February 2012, he was chairman of the Ticino regional airline Darwin Airline. End of May 2011, he founded the family Fondazione Ermotti. He was a Director of Ticino investment company Enterra and Chairman of a luxury hotel in Ticino. In the media came on after the appointment Ermottis CEO ad interim review, as four real estate companies, whose chair is Ermotti, had their headquarters in Panama. Panama is considered due to the very low transparency of local financial institutions and government agencies for decades as a tax haven. The end of September, 2011, UBS announced that Ermotti is separate from the private mandates, which was completed on April 27, 2012.

Ermotti is a member of Linkedln Influencers program for which he writes about global economic issues.

Sergio P. Ermotti speaks his native language, Italian and German, English and French. He is married and the father of two sons.