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    Home > Finance > UBS also considering external CEO candidates, Bloomberg News reports
    Finance
    UBS also considering external CEO candidates, Bloomberg News reports

    Published by Global Banking and Finance Review

    Posted on January 20, 2026

    1 min read

    Last updated: January 20, 2026

    UBS also considering external CEO candidates, Bloomberg News reports - Finance news and analysis from Global Banking & Finance Review
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    Tags:Appointmentmanagementfinancial communityleadershipinvestment

    Quick Summary

    UBS is evaluating external and internal candidates to succeed CEO Sergio Ermotti, who plans to step down by 2027.

    Table of Contents

    • UBS Leadership Transition
    • Current CEO Sergio Ermotti
    • Potential Candidates

    UBS also considering external CEO candidates, Bloomberg News reports

    UBS Leadership Transition

    Jan 20 (Reuters) - UBS Group’s board is considering possible external candidates to succeed Sergio Ermotti as chief executive next year, alongside a list of internal contenders, Ermotti told Bloomberg News at the World Economic Forum in Davos on Tuesday.

    Current CEO Sergio Ermotti

    Ermotti, who oversaw the Swiss bank's emergency takeover of Credit Suisse, is set to step down by the middle of 2027, though the timeline has not been finalised.

    Potential Candidates

    (Reporting by Anna Peverieri Editing by David Goodman)

    Key Takeaways

    • •UBS is considering external candidates for the CEO role.
    • •Sergio Ermotti plans to step down by 2027.
    • •The decision includes both internal and external contenders.
    • •Ermotti led UBS's takeover of Credit Suisse.
    • •The announcement was made at the World Economic Forum.

    Frequently Asked Questions about UBS also considering external CEO candidates, Bloomberg News reports

    1What is a board of directors?

    A board of directors is a group of individuals elected to represent shareholders and oversee the activities of a company, ensuring it is managed in the best interests of the shareholders.

    2What is a leadership transition?

    A leadership transition refers to the process of changing the leadership of an organization, which can involve replacing a CEO or other key executives, often to bring new strategies or perspectives.

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